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Property profile & analytics
OFF-MARKET
Commercial land
14809 Granger Rd Maple Heights, OH 44137-1026
Individually Owned
7-yr Hold
Property ID
US66-5464452
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1927
Total area
1,364 SF
Lot
0.14 ac (5,902 SF)
Zoning code
NC
APN
784-30-020
UPID
US66-5464452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric J Merritt · 7 yrs held
Eric J Merritt
since 2018
6 recorded transactions
Zoning & alternative use
NC · Maple Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the NC Neighborhood Commercial District to permit and encourage the retention and establishment of small convenience goods and personal services located in close proximity to the residential areas which it is intended to serve. The location of the NC District and the nature of the limited commercial activity should be developed to avoid…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
125.81 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Maple Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$849
Tax year 2023
Assessed value
$6,830
Assessed 2023
Previous assessed
$6,830
+0.0% YoY
Effective rate
12.43%
On assessed value
Assessed land
$6,830
Land market value
$19,500
Total market value
$19,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1927
Heating
FORCED AIR
Stories
2
Rooms
6
Bathrooms
1
Total area
1,364 SF
Lot
0.14 ac (5,902 SF)
Zoning code
NC
APN
784-30-020
UPID
US66-5464452
Jurisdiction
CUYAHOGA
Zoning & alternative use
NC · Maple Heights, OHZoning NC · permitted uses
NC · Maple Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of the NC Neighborhood Commercial District to permit and encourage the retention and establishment of small convenience goods and personal services located in close proximity to the residential areas which it is intended to serve. The location of the NC District and the nature of the limited commercial activity should be developed to avoid undue traffic congestion for the surrounding residential neighborhood areas.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
125.81 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1927
Heating
FORCED AIR
Stories
2
Rooms
6
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Eric J Merritt
Individual
Mailing address
6055 GLENWAY DR, BROOK PARK, OH 44142-1469
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2018
—
Eric J Merritt
Fiscal Officer / Cuyahoga Cnty
Trustees Deed
related
—
Sep 27, 2006
$114,000
Julio Smith
Creager Properties INC
Grant Deed
$102,600 · New Century Mortgage
Jun 29, 2004
—
Countrywide Home Loans INC
Us Bank NA Trustee
Quit Claim Deed
related
—
Jan 8, 2004
$48,000
Us Bank Trustee
White,sheila A
Trustees Deed
related
—
Nov 24, 1997
$65,500
Sheila A White
Agnew,loyal E
Grant Deed
$63,900 · Key Bank NA
—
—
Creager Properties INC
—
Deed Of Trust
related
$495,000 · Sky Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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