Entity Owned 
For Lease
1 / 13
$21 SF/Yr
18660 Bagley Rd, Middleburg Heights, OH 44130
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Property summary
AI-generated overview
This exceptional medical office campus in Middleburg Heights, Ohio, offers 17 suites within a 2,450 square foot building. Located at 18660 Bagley Rd, 44130, this property boasts a highly desirable location directly across from Southwest General Health Center, a major 352-bed hospital featuring nationally recognized physicians and advanced medical technology. The building offers multiple tenancy options, with suites ranging from a minimum of 265 square feet to a maximum contiguous space of 2,450 square feet. Fifteen suites are currently available, providing flexibility for practices of various sizes. This presents a unique opportunity for medical professionals seeking a prominent location with excellent visibility and convenient access to a large patient base. The building's strategic placement ensures high traffic and exposure, making it an ideal setting for establishing or expanding a medical practice. The property's proximity to a comprehensive hospital further enhances its appeal, offering potential for synergistic collaborations and referrals. This is a rare chance to secure space in a thriving medical hub. Inquire today to learn more about available suite sizes and lease terms.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
CONCRETE
Total area
29,960 SF
Lot
2.12 ac (92,400 SF)
Zoning code
OB
APN
371-09-004
UPID
US66-1388542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.59M
Owner & transaction history
since 2022
Last sale
$4.7M
6 recorded transactions
Zoning & alternative use
OB · Middleburg Heights, OH
Top alternative use upside
Restaurant
$5.1M
+55.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$3.59M
Value range
$3.23M – $3.95M
±10% around blend
Estimated value / SF
$120 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$3.23M
blend $3.59M
$3.95M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,960 SF
Lot area
2.12 ac
Year built
1976
Stories
5
APN
371-09-004
Assessed value
$600,010
Annual tax
$50,615
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.62M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.09M
@ 6.5% CAP return
$5.62M
@ 7% CAP return
$5.22M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$50,615
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.59M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 52 sales
$109
+10%
County 54 sales
$110
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $120/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+55%
vs current-use indication
Medical Building · current use
Neighborhood: Shopping Center
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$403k
Move the market yield to see immediate price impact.
Value / SF
$13
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$508k
$363k
$282k
$28k
$565k
$403k
$314k
$31k
$621k
$444k
$345k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,615
Tax year 2023
Assessed value
$600,010
Assessed 2023
Previous assessed
$600,010
+0.0% YoY
Effective rate
8.44%
On assessed value
Assessed land
$203,740
Assessed improvement
$396,270
Land market value
$582,100
Improvement market value
$1,132,200
Total market value
$1,714,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1976
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Stories
5
Total area
29,960 SF
Lot
2.12 ac (92,400 SF)
Zoning code
OB
APN
371-09-004
UPID
US66-1388542
Jurisdiction
CUYAHOGA
Zoning & alternative use
OB · Middleburg Heights, OHZoning OB · permitted uses
OB · Middleburg Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
5
Lot
2.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OB
Jurisdiction
Middleburg Heights, OH
Recorded code
OB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OB in Middleburg Heights, OH.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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