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Property profile & analytics
OFF-MARKET
Estimated value
$3,385,000
Warehouses
199 Oak Leaf Oval, Bedford, OH 44146-6156
Trust Owned
5-yr Hold
Free & Clear
Property ID
US66-0524186
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
TYPE NOT SPECIFIED
Total area
39,410 SF
Lot
11.55 ac (503,132 SF)
Zoning code
I-2
APN
795-50-017
UPID
US66-0524186
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
$3.47M
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.39M
Owner & transaction history
Llh Trust Fss Re Holdings LLC · 5 yrs held
Llh Trust Fss Re Holdings LLC
since 2020
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
I-2 · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+138.2%
Medical building
$4.3M
+90.8%
Neighborhood: shopping center
$4.0M
+77.8%
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
Method
Estimation
Statistic approach
$4,235,000
ML approach
$3,465,000
CAP Approach
CAP Return
Estimation
6%
$3,275,000
6.5%
$3,025,000
7%
$2,810,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,245,000
Current use
OFFICE BUILDING
$5,345,000
Change: +138% · Conversion: Difficult
MEDICAL BUILDING
$4,280,000
Change: +91% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,990,000
Change: +78% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,265,000
Change: +45% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,915,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$3.39M
Range $3.05M – $3.72M · ±10% · vs last sale $3.50M (Sep 10 2020)
Last sale anchor
$3.50M
Sep 10 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
$86 / 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
$63,102
Tax year 2023
Assessed value
$720,160
Assessed 2023
Previous assessed
$720,160
+0.0% YoY
Effective rate
8.76%
On assessed value
Assessed land
$270,270
Assessed improvement
$449,890
Land market value
$772,200
Improvement market value
$3,133,400
Total market value
$3,905,600
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
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
39,410 SF
Lot
11.55 ac (503,132 SF)
Zoning code
I-2
APN
795-50-017
UPID
US66-0524186
Jurisdiction
CUYAHOGA
Zoning & alternative use
I-2 · Bedford, OH
Zoning I-2 · permitted uses
I-2 · Bedford, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
11.55 ac
Current owner
From public records · entity-resolved
Llh Trust Fss Re Holdings LLC
Trust
Free & Clear · 5 yrs held
Mailing address
46500 HUMBOLDT DR, NOVI, MI 48377-2434
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Llh Fss Re Holdings LLC Tr
—
Deed
related
$132,000 · Goldman Sachs Bk USA
Sep 10, 2020
$3,500,000
Llh Trust Fss Re Holdings LLC
W & D Oakwood LLC
Grant Deed
—
Jan 21, 2020
—
W & D Oakwood LLC
—
Deed Of Trust
related
—
Oct 12, 2012
—
W & D Oakwood LLC
—
Grant Deed
related
$3,500,000 · M & T Bank
Apr 17, 2001
$1,179,750
W & D Oakwood LLC
Jet Management LLC
Grant Deed
—
Nov 22, 1999
$1,550,000
Jet Management LLC
Ameriserve Ford Distribution
Grant Deed
$1,300,000 · Key Bank NA
—
—
W & D Oakwood LLC
—
Deed Of Trust
related
$1,461,129 · Director/ohio Dev Svcs Agcy
—
—
Llh Fss Re Holdings LLC Tr
—
Deed Of Trust
related
$132,000 · Goldman Sachs Bk USA
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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