Property profile

23196 Miles Rd Bedford Heights, OH 44128

OFF-MARKET
Manufacturing properties
Property ID
US66-6232845
12,312 SF 1.19 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 12,312 SF
Lot 1.19 ac (51,779 SF)
Zoning code I
APN 791-06-005
UPID US66-6232845

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
  • (Bike/Boat/Book/etc) Store
  • Car Rental Facility
  • Car Rental Facility
  • Car Rental Facility
  • Big Box & Wholesale Store Building Supply

Location

23196 Miles Rd Bedford Heights, OH 44128-5488
Bedford Heights metro Census 133103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$780k
Comparable Approach Comparable
$943k
Blend (final) Blend
$320k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2017
Price N/A
2016
Price N/A
2010
Price N/A
2010
$700,000
2004
$75,000
2004
$1.3M

Zoning & alternative use

I · Bedford Heights, OH
Zoning description

The purpose of this district is to provide for orderly growth and development in the City of Bedford Heights

General category INDUSTRIAL
Top alternative use upside
Medical building $1.3M +152.0%
Neighborhood: shopping center $1.2M +134.9%
Auto repair, garage $1.1M +106.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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