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Property profile & analytics
OFF-MARKET
Estimated value
$4,460,000
Office buildings
2001 Towpath Trl Broadview Heights, OH 44147-3697
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2298680
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
600 SF
Lot
4.91 ac (213,800 SF)
Zoning code
E-2
APN
585-17-007
UPID
US66-2298680
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
$4.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.46M
Owner & transaction history
Mhc 83 LLC · 5 yrs held
Mhc 83 LLC
since 2020
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
E-2 · Broadview Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Broadview Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadview 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
$4,935,000
ML approach
$4,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.46M
Range $4.01M – $4.91M · ±10% · vs last sale $4.13M (Sep 28 2020)
Last sale anchor
$4.13M
Sep 28 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
$7,433 / 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
$106,880
Tax year 2023
Assessed value
$1,403,330
Assessed 2023
Previous assessed
$1,403,330
+0.0% YoY
Effective rate
7.62%
On assessed value
Assessed land
$205,840
Assessed improvement
$1,197,490
Land market value
$588,100
Improvement market value
$3,421,400
Total market value
$4,009,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
600 SF
Lot
4.91 ac (213,800 SF)
Zoning code
E-2
APN
585-17-007
UPID
US66-2298680
Jurisdiction
CUYAHOGA
Zoning & alternative use
E-2 · Broadview Heights, OH
Zoning E-2 · permitted uses
E-2 · Broadview Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broadview Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Lot
4.91 ac
Current owner
From public records · entity-resolved
Mhc 83 LLC
Entity
Mailing address
5 OLD LANCASTER RD, MALVERN, PA 19355-2132
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
Mhc 83 Hw Portfolio LLC
—
Deed
related
$615,000,000 · Jpmorgan Chase Bank NA
Sep 28, 2020
—
Mhc 83 LLC
Storage Broadview Height Prime
Grant Deed
related
$120,000 · Mhc Hw Master Trs LLC
Sep 8, 2016
$4,125,000
Prime Storage Broadview Height
Towpath Mini Storage LLC
Grant Deed
$3,280,000 · Rialto Mtg Fin
Feb 22, 2006
—
Towpath Mini Storage LLC
Tz
Quit Claim Deed
related
—
Nov 16, 2005
$535,000
Tz
Schniegenberg,norman E JR
Warranty Deed
—
Jun 27, 2001
$220,000
Norman E Schniegenberg
Broadview Road Investment Co
Grant Deed
—
Jul 2, 1999
$178,500
Pisces Ltd
Broadview Road Investment Co
Grant Deed
$1,060,000 · Republic Bank
—
—
Towpath Mini Storage LLC
—
Deed Of Trust
related
$735,874 · First Fed'l S & L Assn Lakewoo
—
—
Towpath Mini Storage LLC
—
Deed Of Trust
related
$1,687,500 · First Fed'l S & L Assn Lakewoo
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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