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Financial
Distress signals
Property profile

150 Sprague Rd Broadview Heights, OH 44147

FOR LEASE
Office buildings
Property ID
US66-6268153
4,200 SF 0.26 ac lot Built 1957
Last sale Aug 2003 · $205,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

150 E. Sprague is a two-story office building with a central lobby on the first floor. The first floor is configured with four individual suites, each with its own restroom and separate electric meters. Suite layouts include (by suite number as described) Suite 1 with a small reception area and two private offices, including one office with a window, and Suite 5 with a waiting area, two private offices, and an in-suite restroom. The building includes an arrangement where utilities are generally…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$72k
Assessed land$24k
Assessed improvement$48k
Effective rate8.39%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$355k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 76,346.67% cap applied$9k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293
Qualifying comparables7

Cap rate analysis

How does the asset earn?
76,346.67%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The purpose of the C-1 Local Retail Commercial District is to provide for the need to have convenience goods in close proximity to reside...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.2
Realty agency10.0
HVAC Service9.8

Location

150 Sprague Rd Broadview Heights, OH 44147
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
909 Towpath, Broadview Heights, OH 44147-3676 $1,700,000 Jun 2021 6,384 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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