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Property profile & analytics
OFF-MARKET
Estimated value
$4,470,000
Warehouses
22720 Stelfast Pkwy Strongsville, OH 44149-5563
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-2291863
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
100,000 SF
Lot
8.03 ac (350,000 SF)
Zoning code
GI
APN
394-11-004
UPID
US66-2291863
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
$4.58M
Blend (final)
Blend
$4.47M
Owner & transaction history
Protech Us Holding INC · 9 yrs held
Protech Us Holding INC
since 2016
7 recorded transactions
Zoning & alternative use
GI · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.4M
+44.5%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,120,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,400,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$4.47M
Range $4.02M – $4.92M · ±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
$45 / 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
$160,061
Tax year 2023
Assessed value
$1,958,990
Assessed 2023
Previous assessed
$1,958,990
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$201,080
Assessed improvement
$1,757,910
Land market value
$574,500
Improvement market value
$5,022,600
Total market value
$5,597,100
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
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
100,000 SF
Lot
8.03 ac (350,000 SF)
Zoning code
GI
APN
394-11-004
UPID
US66-2291863
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.03 ac
Current owner
From public records · entity-resolved
Protech Us Holding INC
Entity
Free & Clear · 9 yrs held
Mailing address
7600 HENRI BOURASSA BLVD SAINT-LAURENT Q XX
Ownership since
2016
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
Mar 5, 2020
—
Protech Us Holding LLC
—
Deed
related
$15,760,000 · Pnc Bk
Sep 28, 2016
$5,000,000
Protech Us Holding INC
Primesource Building Products
Grant Deed
—
Apr 3, 2014
$5,000,000
Primesource Building Products
Manufacturing Road LLC
Grant Deed
—
Jan 10, 2005
$522,269
Manufacturing Road LLC
Strongsville 2000 LLC
Grant Deed
$1,500,000 · Director Of Dev
—
—
Primesource Building Products
—
Deed Of Trust
related
$4,550,000 · Deutsche Bk Ag/ny Branch
—
—
Primesource Building Products
—
Deed Of Trust
related
$400,000,000 · Deutsche Bk Ag/ny Branch
—
—
Protech Us Holding LLC
—
Deed Of Trust
related
$15,760,000 · Pnc Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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