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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
22492 Brookpark Rd Fairview Park, OH 44126-3128
Entity Owned
19-yr Hold
Free & Clear
Property ID
US66-6044532
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
1,938 SF
Lot
0.27 ac (11,644 SF)
Zoning code
GB-B
APN
331-12-011
UPID
US66-6044532
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
Millennium Prop Holdings LLC · 19 yrs held
Millennium Prop Holdings LLC
since 2006
7 recorded transactions
Zoning & alternative use
GB-B · Fairview Park, 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 Fairview Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview Park 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
$16,056
Tax year 2023
Assessed value
$154,080
Assessed 2023
Previous assessed
$154,080
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$72,000
Assessed improvement
$82,080
Land market value
$205,700
Improvement market value
$234,500
Total market value
$440,200
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
1,938 SF
Lot
0.27 ac (11,644 SF)
Zoning code
GB-B
APN
331-12-011
UPID
US66-6044532
Jurisdiction
CUYAHOGA
Zoning & alternative use
GB-B · Fairview Park, OH
Zoning GB-B · permitted uses
GB-B · Fairview Park, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairview Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Millennium Prop Holdings LLC
Entity
Free & Clear · 19 yrs held
Mailing address
22492 BROOKPARK RD, CLEVELAND, OH 44126-3128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2006
$314,727
Millennium Prop Holdings LLC
Gg Real Estate LLC
Quit Claim Deed
related
—
Jun 21, 2006
—
Gg Real Estate LLC
Ap Investment Properties LLC
Grant Deed
related
—
Sep 22, 2005
$100,000
Spring Hill Co
Sps Holding Of Texas LLC
Quit Claim Deed
related
—
Mar 31, 2005
$100,000
Sps Holdings Of Texas LLC
A P Investment Properties LLC
Quit Claim Deed
related
—
Jul 3, 2003
$380,000
Ap Investment Properties LLC
Cuyahoga Landmark Acquisitions
Grant Deed
$432,500 · Lorain National Bank
—
—
Angel Petroleum LLC
—
Deed Of Trust
related
$60,000 · Sukhdev S & Parminder K Thind
—
—
Angel Petroleum LLC
—
Deed Of Trust
related
$100,000 · Sukhdev S & Parminder K Thind
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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