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Property profile & analytics
OFF-MARKET
Manufacturing properties
20260 1st Ave Middleburg Heights, OH 44130-2430
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-4065887
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
0.42 ac (18,295 SF)
Zoning code
GI
APN
371-01-015
UPID
US66-4065887
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
H & B Partners Ltd · 23 yrs held
H & B Partners Ltd
since 2002
3 recorded transactions
Zoning & alternative use
GI · Middleburg Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Industrial (GI) Zoning District is designed to accommodate those light industrial, heavy industrial, office, flex space and other permitted activities which, by their character, should be relatively remote from residential development
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
566.92 ac
Source
Realmo
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 Middleburg Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleburg 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
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
$841
Tax year 2023
Assessed value
$9,700
Assessed 2023
Previous assessed
$9,700
+0.0% YoY
Effective rate
8.67%
On assessed value
Assessed land
$9,700
Land market value
$27,700
Total market value
$27,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Lot
0.42 ac (18,295 SF)
Zoning code
GI
APN
371-01-015
UPID
US66-4065887
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Middleburg Heights, OHZoning GI · permitted uses
GI · Middleburg Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Industrial (GI) Zoning District is designed to accommodate those light industrial, heavy industrial, office, flex space and other permitted activities which, by their character, should be relatively remote from residential development
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
566.92 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
H & B Partners Ltd
Entity
Mailing address
20260 1ST AVE, MIDDLEBURG HEIGHTS, OH 44130-2430
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
—
H & B Partners Ltd
—
Deed
related
$631,632 · Key Bank NA
Dec 31, 2002
$110,700
H & B Partners Ltd
Huntington Mortgage
Grant Deed
—
—
—
H & B Partners Ltd
—
Deed Of Trust
related
$210,000 · Firstmerit Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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