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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Commercial land
16847 Broadway Ave Maple Heights, OH 44137-3403
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-2106861
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1920
Total area
6,820 SF
Lot
0.58 ac (25,160 SF)
Zoning code
GC
APN
781-15-007
UPID
US66-2106861
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
$430k
Blend (final)
Blend
$540k
Owner & transaction history
Christian Unity Baptist Church · 7 yrs held
Christian Unity Baptist Church
since 2019
2 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
Top alternative use upside
Medical building
$740,000
+31.1%
Neighborhood: shopping center
$690,000
+22.2%
Auto repair, garage
$605,000
+7.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
MEDICAL BUILDING
$740,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$505,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$79 / 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
$2,154
Tax year 2023
Assessed value
$19,360
Assessed 2023
Previous assessed
$19,360
+0.0% YoY
Effective rate
11.13%
On assessed value
Assessed land
$19,360
Land market value
$55,300
Total market value
$55,300
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
1920
Heating
HOT WATER
Stories
2
Total area
6,820 SF
Lot
0.58 ac (25,160 SF)
Zoning code
GC
APN
781-15-007
UPID
US66-2106861
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$605,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$505,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
HOT WATER
Stories
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Christian Unity Baptist Church
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 18081, CLEVELAND HEIGHTS, OH 44118-0081
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
Christian Unity Baptist Church
City Of Maple Hts Land Reutilizat
Grant Deed
related
—
Mar 6, 2018
—
Maple Hts Land Reutilization P
Sheriff Of Cuyahoga County|vfw Of Us INC
Trustees Deed
related
—
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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