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Property profile & analytics
OFF-MARKET
Estimated value
$1,955,000
Commercial land
15500 Broadway Ave Maple Heights, OH 44137-1120
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1386871
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1980
Total area
3,535 SF
Lot
0.5 ac (21,760 SF)
Zoning code
GC
APN
784-05-013
UPID
US66-1386871
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
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Keating Trust · 5 yrs held
Keating Trust
since 2020
Last sale
$2.1M
3 recorded transactions
Zoning & alternative use
GC · Maple Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the GC District to provide appropriate and convenient locations for shopping and convenience goods and services for the entire community which tend to generate large volumes of vehicular traffic.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
173.65 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
Method
Estimation
Statistic approach
$1,880,000
ML approach
$1,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.96M
Range $1.76M – $2.15M · ±10% · vs last sale $2.06M (Oct 14 2020)
Last sale anchor
$2.06M
Oct 14 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$553 / SF
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
$14,117
Tax year 2023
Assessed value
$125,650
Assessed 2023
Previous assessed
$125,650
+0.0% YoY
Effective rate
11.24%
On assessed value
Assessed land
$125,650
Land market value
$359,000
Total market value
$359,000
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
1980
Heating
NONE
Stories
1
Total area
3,535 SF
Lot
0.5 ac (21,760 SF)
Zoning code
GC
APN
784-05-013
UPID
US66-1386871
Jurisdiction
CUYAHOGA
Zoning & alternative use
GC · Maple Heights, OHZoning GC · permitted uses
GC · 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 GC District to provide appropriate and convenient locations for shopping and convenience goods and services for the entire community which tend to generate large volumes of vehicular traffic.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
173.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Keating Trust
Trust
Mailing address
15500 BROADWAY AVE, MAPLE HEIGHTS, OH 44137-1120
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
$2,057,000
Keating Trust
15500 Broadway LLC
Warranty Deed
$825,000 · Capstar Bk
Oct 17, 2019
—
Mcdonalds Real Estate Co
Mcdonalds Corp
Quit Claim Deed
related
—
Oct 17, 2019
$275,000
15500 Broadway LLC
Mcdonalds Real Estate Co
Trustees Deed
$1,116,000 · Home Svgs Bk
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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