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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Commercial land
25440 Miles Rd Bedford Heights, OH 44146-1323
Individually Owned
Absentee Owner
Free & Clear
Property ID
US66-2078551
Property summary
AI-generated overview
This exceptional 0.8-acre commercial land parcel presents a unique investment opportunity in Bedford Heights, Ohio. Located at the highly visible corner of Miles and Richmond Roads, this shovel-ready site boasts impressive daily traffic counts exceeding 31,000 vehicles, with over 13,000 passing directly in front. The property's strategic location offers convenient access to major highways, including I-271 and I-480, ensuring excellent connectivity for businesses and customers. The area surrounding the property is densely populated, with over 60,000 employees within a three-mile radius, providing a substantial potential customer base. This prime location, combined with its readily developable nature, makes it ideal for a wide range of commercial ventures. The property's address is 25440 Miles Road, Bedford Heights, OH 44146, situated in Cuyahoga County. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving area with significant traffic volume and a large workforce nearby. Don't miss out on this chance to establish your business in a prime location.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1955
Total area
8,844 SF
Lot
0.56 ac (24,480 SF)
Zoning code
B-2
APN
791-03-012
UPID
US66-2078551
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
$903k
Blend (final)
Blend
$680k
Owner & transaction history
DANIEL J CARR
DANIEL J CARR
Zoning & alternative use
B-2 · Bedford Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$960,000
+31.1%
Neighborhood: shopping center
$895,000
+22.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$735,000
Current use
MEDICAL BUILDING
$960,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$77 / SF
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
$4,868
Tax year 2023
Assessed value
$47,110
Assessed 2023
Previous assessed
$47,110
+0.0% YoY
Effective rate
10.33%
On assessed value
Assessed land
$47,110
Land market value
$134,600
Total market value
$134,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
8,844 SF
Lot
0.56 ac (24,480 SF)
Zoning code
B-2
APN
791-03-012
UPID
US66-2078551
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-2 · Bedford Heights, OH
Zoning B-2 · permitted uses
B-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$735,000
MEDICAL BUILDING
Est. value
$960,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
DANIEL J CARR
Individual
Free & Clear · 0 yrs held
Mailing address
4953 BACOPA LN S UNIT #405, SAINT PETERSBURG, FL 33715-2619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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