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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Retail properties & Spaces
26500 Cedar Rd Beachwood, OH 44122-1103
Entity Owned
28-yr Hold
Free & Clear
Property ID
US66-1707619
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
251,807 SF
Lot
9.31 ac (405,543 SF)
Zoning code
U-4B
APN
741-25-005
UPID
US66-1707619
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
$4.22M
Blend (final)
Blend
$4.10M
Owner & transaction history
Beachwood Place LP · 28 yrs held
Beachwood Place LP
since 1997
7 recorded transactions
Zoning & alternative use
U-4B · 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
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
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±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
$16 / 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
$248,556
Tax year 2023
Assessed value
$3,167,500
Assessed 2023
Previous assessed
$3,699,820
-14.4% YoY
Effective rate
7.85%
On assessed value
Assessed land
$2,554,930
Assessed improvement
$612,570
Land market value
$7,299,800
Improvement market value
$1,750,200
Total market value
$9,050,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
251,807 SF
Lot
9.31 ac (405,543 SF)
Zoning code
U-4B
APN
741-25-005
UPID
US66-1707619
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-4B · Beachwood, OH
Zoning U-4B · permitted uses
U-4B · 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
1978
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
9.31 ac
Current owner
From public records · entity-resolved
Beachwood Place LP
Entity
Free & Clear · 28 yrs held
Mailing address
4501 N BCH ST, FORT WORTH, TX 76137-3218
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 1997
$181,300
Beachwood Place LP
Claeveland Clinic Foundation
Trustees Deed
—
Dec 15, 1997
$2,209,400
Beachwood Place LP
Leo Goldberg Estate
Grant Deed
—
Dec 15, 1997
$2,945,800
Beachwood Place LP
Wolf,milton A
Grant Deed
—
Dec 15, 1997
$430,600
Beachwood Place LP
Jewish Communinty Federation
Trustees Deed
—
Dec 15, 1997
$346,900
Beachwood Place LP
Jewish Communinty Federation
Trustees Deed
—
Dec 15, 1997
$396,600
Beachwood Place LP
American Jewish Joint Distrbut
Trustees Deed
—
Dec 15, 1997
—
Beachwood Place LP
Ohio State University Foundati
Grant Deed
related
—
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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