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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Strip malls
20686 Southgate Park Blvd 21000 Maple Heights, OH 44137-2949
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-0485810
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1964
Construction
TYPE NOT SPECIFIED
Total area
35,832 SF
Lot
0.9 ac (39,117 SF)
Zoning code
GC
APN
783-18-001
UPID
US66-0485810
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
$636k
Blend (final)
Blend
$1.04M
Owner & transaction history
Southgate Center Assocs LLC · 12 yrs held
Southgate Center Assocs LLC
since 2013
5 recorded transactions
Zoning & alternative use
GC · Maple 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 Maple Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple 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
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
$1.04M
Range $932k – $1.14M · ±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
$29 / 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
$11,857
Tax year 2023
Assessed value
$93,980
Assessed 2023
Previous assessed
$93,980
+0.0% YoY
Effective rate
12.62%
On assessed value
Assessed land
$54,780
Assessed improvement
$39,200
Land market value
$156,500
Improvement market value
$112,000
Total market value
$268,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1964
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
35,832 SF
Lot
0.9 ac (39,117 SF)
Zoning code
GC
APN
783-18-001
UPID
US66-0485810
Jurisdiction
CUYAHOGA
Zoning & alternative use
GC · Maple Heights, OH
Zoning GC · permitted uses
GC · Maple Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maple Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Southgate Center Assocs LLC
Entity
Mailing address
678 REISTERSTOWN RD, PIKESVILLE, MD 21208-5112
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2019
—
Southgate Ctr Assocs LLC
—
Grant Deed
related
$22,960,000 · First Fin'l Bk&tr
Jun 26, 2019
—
Southgate Ctr Assocs LLC
—
Grant Deed
related
$20,500,000 · First Fin'l Bk&tr
Dec 17, 2013
$14,000,000
Southgate Center Assocs LLC
Jpmc 2001-a Southgate LLC
Grant Deed
related
$13,500,000 · Calmwater Cap 3 LLC
Dec 29, 2011
$12,160
Jpmc 2001-a Southgate LLC
Sheriff Of Cuyahoga County
Trustees Deed
—
Oct 11, 2007
—
Sg USA Properties LLC
Sg USA Properties Spe LLC Ltd
Quit Claim Deed
related
—
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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