Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
TYPE NOT SPECIFIED
Total area
5,390 SF
Lot
0.5 ac (21,770 SF)
Zoning code
B-2
APN
791-24-004
UPID
US66-0519273
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
-
Acoustical Consultant Store
-
Computer & Electronic Repair (Bike/Boat/Book/etc) Store
-
Discount Store Clothing & Fashion Store
-
Gym & Fitness Center (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$1.10M
Owner & transaction history
since 2022
Last sale
$780,000
7 recorded transactions
Zoning & alternative use
B-2 · Bedford Heights, OH
Top alternative use upside
Auto repair, garage
$960,000
+31.6%
Restaurant
$910,000
+24.3%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.10M
Value range
$986k – $1.20M
±10% around blend
Estimated value / SF
$203 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$986k
blend $1.10M
$1.20M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,390 SF
Lot area
0.5 ac
Year built
1966
Stories
1
APN
791-24-004
Zoning
B-2
Assessed value
$218,820
Annual tax
$22,748
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.21M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.31M
@ 6.5% CAP return
$1.21M
@ 7% CAP return
$1.12M
4
Sales comparison
Partial preview
Sales approach indication
$1.11M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.7 mi away · 3,862 SF
7.6 mi away · 4,400 SF
9.7 mi away · 5,662 SF
9.8 mi away · 5,520 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$136
+50%
Submarket 666 sales
$162
+26%
County 697 sales
$163
+25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $203/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+32%
vs current-use indication
Restaurant
Office Building · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
7.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.20%
9.0%
NOI (est.)
$55k *
Last sale · Dec 2022
$780k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$758k
Move the market yield to see immediate price impact.
Value / SF
$141
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
6.70%7.20%7.70%
$49k
$733k
$682k
$638k
$55k
$815k
$758k
$709k
$60k
$896k
$834k
$780k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.24M
5.6 mi · Dec 2025 · $499/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,748
Tax year 2023
Assessed value
$218,820
Assessed 2023
Previous assessed
$218,820
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$15,260
Assessed improvement
$203,560
Land market value
$43,600
Improvement market value
$581,600
Total market value
$625,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
5,390 SF
Lot
0.5 ac (21,770 SF)
Zoning code
B-2
APN
791-24-004
UPID
US66-0519273
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-2 · Bedford Heights, OHZoning B-2 · permitted uses
B-2 · Bedford Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
1966
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-2
Jurisdiction
Bedford Heights, OH
Recorded code
B-2
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Debt & historyRecorded loans and transaction history
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