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Property profile & analytics
OFF-MARKET
Warehouses
187 Ctr Rd Bedford, OH 44146-2738
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-0515996
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1952
Construction
WOOD
Total area
4,031 SF
Lot
0.94 ac (40,800 SF)
Zoning code
R-3
APN
812-10-009
UPID
US66-0515996
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
Center 187 LLC · 1 yrs held
Center 187 LLC
since 2025
Last sale
$248,000
4 recorded transactions
Zoning & alternative use
R-3 · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
03 ACCESSORY USES. 1927.04 HEIGHT REGULATIONS. 1927.05 LOT AREA, FRONTAGE AND YARD REQUIREMENTS. 1927.06 PRINCIPAL USE ORIENTATION. 1927.07 VEHICLE SALES ON RESIDENTIAL LOTS. 1927.08 LANDSCAPE REQUIREMENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CH…
Zone name
One To Six Family Residence District
General category
RESIDENTIAL
Zone area
52.58 ac
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$11,386
Tax year 2023
Assessed value
$108,260
Assessed 2023
Previous assessed
$108,260
+0.0% YoY
Effective rate
10.52%
On assessed value
Assessed land
$62,830
Assessed improvement
$45,430
Land market value
$179,500
Improvement market value
$129,800
Total market value
$309,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
1
Bathrooms
2
Total area
4,031 SF
Lot
0.94 ac (40,800 SF)
Zoning code
R-3
APN
812-10-009
UPID
US66-0515996
Jurisdiction
CUYAHOGA
Zoning & alternative use
R-3 · Bedford, OHZoning R-3 · permitted uses
R-3 · Bedford, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
03 ACCESSORY USES. 1927.04 HEIGHT REGULATIONS. 1927.05 LOT AREA, FRONTAGE AND YARD REQUIREMENTS. 1927.06 PRINCIPAL USE ORIENTATION. 1927.07 VEHICLE SALES ON RESIDENTIAL LOTS. 1927.08 LANDSCAPE REQUIREMENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Di
Zone name
One To Six Family Residence District
General category
RESIDENTIAL
Zone area
52.58 ac
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Bathrooms
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Center 187 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5333 NORTHFIELD RD STE #100, BEDFORD HTS, OH 44146-1150
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2025
$160,000
Center 187 LLC
Tamam Alawi
Warranty Deed
—
Apr 2, 2025
$248,000
Tamam Alawi
Ahava Group LLC
Warranty Deed
—
Aug 14, 2019
$210,000
Ahava Group LLC
Kim,sung S & Kyung J
Warranty Deed
—
—
—
Mark E Hojnowski
—
Deed Of Trust
related
$35,000 · Ohio Catholid FCU
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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