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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
20501 Albion Rd Strongsville, OH 44149-2337
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-0483991
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
TYPE NOT SPECIFIED
Total area
18,800 SF
Lot
8.24 ac (358,747 SF)
Zoning code
GI
APN
392-18-004
UPID
US66-0483991
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
$613k
Blend (final)
Blend
$505k
Owner & transaction history
A J Bokar Building Co INC · 23 yrs held
A J Bokar Building Co INC
since 2002
4 recorded transactions
Zoning & alternative use
GI · Strongsville, 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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$27 / 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
$21,426
Tax year 2023
Assessed value
$262,230
Assessed 2023
Previous assessed
$262,230
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$133,110
Assessed improvement
$129,120
Land market value
$380,300
Improvement market value
$368,900
Total market value
$749,200
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
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
18,800 SF
Lot
8.24 ac (358,747 SF)
Zoning code
GI
APN
392-18-004
UPID
US66-0483991
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Strongsville, OH
Zoning GI · permitted uses
GI · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Strongsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
8.24 ac
Current owner
From public records · entity-resolved
A J Bokar Building Co INC
Entity
Mailing address
20501 ALBION RD, STRONGSVILLE, OH 44149-2337
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2002
$1,596,000
A J Bokar Building Co INC
Crossroads 2000 LLC
Grant Deed
$1,596,000 · Second National Bank Warren
Aug 30, 2001
$140,000
Crossroads 2000 LLC
Shell Realty LLC
Grant Deed
—
Jun 16, 1997
—
Shell Realty LLC
Willham,thomas R & Joann L
Grant Deed
related
—
—
—
Shell Realty LLC
—
Deed Of Trust
related
$450,000 · Fifth Third Bank
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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