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22800 Cedar Point Rd, Brook Park, OH 44142
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
63,000 SF
Lot
44.41 ac (1,934,500 SF)
Zoning code
U6
APN
341-03-002
UPID
US66-1083374
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Consultant Distribution Service
-
Engineering Consultant
-
Charitable Organization Social Service Agency
-
Corporate Office Factory
-
Marketing & Advertising Photography Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.84M
Comparable Approach
Comparable
$5.41M
Blend (final)
Blend
$5.51M
Owner & transaction history
Zoning & alternative use
U6 · Brook Park, OH
Zoning description
1121.37 U-6 COMMERCIAL, RESEARCH AND DEVELOPMENT DISTRICT. (a) Intent . The U-6 Commercial, Research and Development District and regulations are established to achieve the following purposes: (1) To provide areas for of…
General category
INDUSTRIAL
Top alternative use upside
Medical building
$6.8M
+112.2%
Neighborhood: shopping center
$6.4M
+97.8%
Auto repair, garage
$5.6M
+73.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.51M
Value range
$4.95M – $6.06M
±10% around blend
Estimated value / SF
$87 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
30
$4.95M
blend $5.51M
$6.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
63,000 SF
Lot area
44.41 ac
Year built
1992
Stories
3
APN
341-03-002
Zoning
U6
Assessed value
$3,996,760
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.84M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.24M
@ 6.5% CAP return
$4.84M
@ 7% CAP return
$4.49M
4
Sales comparison
Partial preview
Sales approach indication
$8.96M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.1 mi away · 60,000 SF
21.9 mi away · 50,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 762 sales
$51
+71%
County 779 sales
$52
+68%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+112%
vs current-use indication
Neighborhood: Shopping Center
Auto Repair, Garage
Commercial (general)
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.00M
Move the market yield to see immediate price impact.
Value / SF
$63
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$252k
$5.04M
$3.60M
$2.80M
$280k
$5.60M
$4.00M
$3.11M
$308k
$6.16M
$4.40M
$3.42M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.90M
18.9 mi · Oct 2025 · $69/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$3,996,760
Assessed 2023
Previous assessed
$3,996,760
+0.0% YoY
Assessed land
$1,554,350
Assessed improvement
$2,442,410
Land market value
$4,441,000
Improvement market value
$6,978,300
Total market value
$11,419,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1992
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
63,000 SF
Lot
44.41 ac (1,934,500 SF)
Zoning code
U6
APN
341-03-002
UPID
US66-1083374
Jurisdiction
CUYAHOGA
Zoning & alternative use
U6 · Brook Park, OHZoning U6 · permitted uses
U6 · Brook Park, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
1121.37 U-6 COMMERCIAL, RESEARCH AND DEVELOPMENT DISTRICT. (a) Intent . The U-6 Commercial, Research and Development District and regulations are established to achieve the following purposes: (1) To provide areas for of…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
44.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
U6
INDUSTRIAL
Jurisdiction
Brook Park, OH
Recorded code
U6
Official district
U6
Official district profile
What the municipal code says about U6
Zoning description
1121.37 U-6 COMMERCIAL, RESEARCH AND DEVELOPMENT DISTRICT. (a) Intent . The U-6 Commercial, Research and Development District and regulations are established to achieve the following purposes: (1) To provide areas for of…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U6 in Brook Park, OH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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