Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
23300 Mercantile Rd Beachwood, OH 44122-5921
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1921226
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
28,868 SF
Lot
1.87 ac (81,248 SF)
Zoning code
U-8
APN
742-22-002
UPID
US66-1921226
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
Ds 1 LLC · 2 yrs held
Ds 1 LLC
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
U-8 · Beachwood, 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 Beachwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beachwood 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
$32,433
Tax year 2023
Assessed value
$401,800
Assessed 2023
Previous assessed
$401,800
+0.0% YoY
Effective rate
8.07%
On assessed value
Assessed land
$140,770
Assessed improvement
$261,030
Land market value
$402,200
Improvement market value
$745,800
Total market value
$1,148,000
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
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
28,868 SF
Lot
1.87 ac (81,248 SF)
Zoning code
U-8
APN
742-22-002
UPID
US66-1921226
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-8 · Beachwood, OH
Zoning U-8 · permitted uses
U-8 · Beachwood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beachwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.87 ac
Current owner
From public records · entity-resolved
Ds 1 LLC
Entity
Mailing address
23300 MERCANTILE RD, BEACHWOOD, OH 44122-5921
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$2,221,328
Ds 1 LLC
23300 Mercantile Road Company
Limited Warranty Deed
$1,840,000 · First Fsla Of Lakewood
May 19, 2016
—
23300 Mercantile Road Co
—
Deed
related
$1,100,000 · Miscellaneous Ins Co
May 5, 2003
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$1,000,000 · Fifth Third Bank Ne Ohio
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$235,000 · Firstmerit Bank NA
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$250,000 · National City Bank
—
—
23200 Commerce Park Road Co
—
Deed Of Trust
related
$800,000 · National City Bank
—
—
23300 Mercantile Road Co
—
Loan Modification
related
$11,966,000 · Pnc Bk
—
—
23200 Commerce Park Road Co
—
Deed Of Trust
related
$200,000 · National City Bank
—
—
23200 Commerce Park Road Co
—
Deed Of Trust
related
$250,000 · National City Bank
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$1,100,000 · Miscellaneous Ins Co
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$100,000 · National City Bank
—
—
23300 Mercantile Rd Co
—
Deed Of Trust
related
$1,000,000 · Firstmerit Bank NA
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$100,000 · National City Bank
—
—
23300 Mercantile Road Co
—
Deed Of Trust
related
$750,000 · National City Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23300 Mercantile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
