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Property profile & analytics
OFF-MARKET
Bars & Pubs
24951 Aurora Rd Bedford Heights, OH 44146-1971
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US66-0117232
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1930
Total area
723 SF
Lot
0.78 ac (34,170 SF)
Zoning code
B-1
APN
791-12-008
UPID
US66-0117232
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
B L W & P L W INC · 21 yrs held
B L W & P L W INC
since 2004
5 recorded transactions
Zoning & alternative use
B-1 · Bedford Heights, 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 Bedford Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford Heights 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
$9,469
Tax year 2023
Assessed value
$91,080
Assessed 2023
Previous assessed
$91,080
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$52,820
Assessed improvement
$38,260
Land market value
$150,900
Improvement market value
$109,300
Total market value
$260,200
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1930
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Rooms
3
Bathrooms
1
Total area
723 SF
Lot
0.78 ac (34,170 SF)
Zoning code
B-1
APN
791-12-008
UPID
US66-0117232
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-1 · Bedford Heights, OH
Zoning B-1 · permitted uses
B-1 · Bedford Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
B L W & P L W INC
Entity
Mailing address
24951 AURORA RD, BEDFORD HTS, OH 44146-1971
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2004
—
B L W & P L W INC
C A R M Development Ltd
Grant Deed
$150,000 · Park View Fsb
Jan 5, 1999
$225,000
C A R M Development Ltd
Sarga,harold T & Ruth T
Grant Deed
$206,250 · Firstmerit Bank NA
—
—
Blw & Plw INC
—
Deed Of Trust
related
$85,000 · Park View Fsb
—
—
Blw & Plw INC
—
Deed Of Trust
related
$48,723 · Park View Fsb
—
—
Harold R Sarga
—
Deed Of Trust
related
$15,211 · Bank One NA
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.
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