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    25853 Brookpark Rd, Unit 26429 North Olmsted, OH 44070-3346
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    Property profile & analytics

    25853 Brookpark Rd, Unit 26429 North Olmsted, OH 44070-3346

    View on Map
    • Community centers
    • 46,631 SF
    • 41.84 lot acres
    Off-Market
    Last Sale Feb 19, 2026
    Property ID
    US66-1436273
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $8,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 25853 Brookpark Rd

    Year built
    1959
    Lot size
    41.84 lot acres
    Property size
    46,631 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    235-27-001
    APU
    23527001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $9,245,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,500,000
      6.5%
      $7,850,000
      7%
      $7,285,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,613,000
      Market price range: $2.54M - $9.61M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $8,325,000
      OFFICE BUILDING
      $7,605,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.9138
    Latitude
    41.4168
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,896,160
    $6,461,250
    $10,276,070
    $16,737,320
    -
    $18,460,700
    $29,360,200
    $47,820,900

    Comparable in this City

    • Value Estimation
      $2,450,000
      22,285 SF

      24954 Brookpark Rd

      MINI-MALL • 22,285 SF
      24954 Brookpark Rd, North Olmsted, OH 44070-3400
      View Details
    • Value Estimation by Request
      15,600 SF

      26092 Great Northern Shop Ctr

      MINI-MALL • 15,600 SF
      26092 Great Northern Shop Ctr, North Olmsted, OH 44070
      View Details
    • Value Estimation by Request
      0.13 Acres

      Dover Ctr Rd

      MINI-MALL • 0.13 Acres
      Dover Ctr Rd, North Olmsted, OH 44070
      View Details
    • Value Estimation
      $4,285,000
      41,692 SF

      24954 Brookpark Rd, Unit 4A25102

      MINI-MALL • 41,692 SF
      24954 Brookpark Rd, North Olmsted, OH 44070-3400
      View Details
    • Value Estimation
      $9,675,000
      85,138 SF

      5078 Country Clb Blvd, Unit 5198

      MINI-MALL • 85,138 SF
      5078 Country Clb Blvd, North Olmsted, OH 44070
      View Details
    • Value Estimation
      $3,435,000
      31,124 SF

      24647 Brookpark Rd, Unit 2A

      MINI-MALL • 31,124 SF
      24647 Brookpark Rd, North Olmsted, OH 44070
      View Details

    Similar Nearby for Sale

    • $3,600,000
      12,132 SF

      Retail Property with Diverse Tenants

      Fully occupied retail property with staggered lease expirations.
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      2,494 SF

      Freestanding Restaurant Building on Lorain

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      North Olmsted Retail Opportunity

      Retail property for sale in North Olmsted, Ohio.
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      Established Car Wash on Lorain

      Operating car wash on 0.44 acres near Great Northern.
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    • $89,900
      0.21 Acres

      Commercial Corner Lot For Sale

      High-visibility 0.21-acre commercial lot at a signalized intersection.
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    • $339,000
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      North Olmsted Mixed-Use Property

      Mixed-use property with income-generating home and former auto body.
      24265 Lorain Rd, North Olmsted, OH 44070
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Lorain Crocker Plaza

      Retail space available in a busy shopping center.
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      3,250 SF

      Regional Power Center Retail Space

      Retail space available in a regional power center.
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      1,700 SF

      Regional Power Center Retail Space

      Retail space available in North Olmsted regional power center.
      25853-26429 Great Northern Shop Ctr, North Olmsted, OH 44070
      View Details
    • Contact for pricing

      Prime Retail Frontage Available

      Excellent visibility and access in a strong retail trade area.
      26035 Lorain Rd, North Olmsted, OH 44070
      View Details
    • Contact for pricing
      22,984 SF

      Retail Space in North Olmsted

      Retail space available at Lorain and Dover Center Roads.
      27240-27270 Lorain Rd, North Olmsted, OH 44070
      View Details
    • Contact for pricing
      2,400 SF

      Retail Center in North Olmsted

      Landmark retail center with high visibility and long-term tenants.
      24048-24180 Lorain Rd, North Olmsted, OH 44070
      View Details
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    North Olmsted, OH 44070-3346
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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