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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Warehouses
26691 Richmond Rd, Bedford Heights, OH 44146-1421
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-0105403
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Construction
TYPE NOT SPECIFIED
Total area
23,528 SF
Lot
3.22 ac (140,264 SF)
Zoning code
I
APN
791-13-021
UPID
US66-0105403
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
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$595k
Owner & transaction history
Dwight Smith · 5 yrs held
Dwight Smith
since 2021
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
I · 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
Method
Estimation
Statistic approach
$515,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Feb 22 2021)
Last sale anchor
$600k
Feb 22 2021
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
$25 / 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
$21,831
Tax year 2023
Assessed value
$210,000
Assessed 2023
Previous assessed
$210,000
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$80,570
Assessed improvement
$129,430
Land market value
$230,200
Improvement market value
$369,800
Total market value
$600,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1961
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
23,528 SF
Lot
3.22 ac (140,264 SF)
Zoning code
I
APN
791-13-021
UPID
US66-0105403
Jurisdiction
CUYAHOGA
Zoning & alternative use
I · Bedford Heights, OH
Zoning I · permitted uses
I · 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
1961
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.22 ac
Current owner
From public records · entity-resolved
Dwight Smith
Individual
Mailing address
26691 RICHMOND RD, BEDFORD HEIGHTS, OH 44146-1421
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2021
$600,000
Dwight Smith
Saber Real Estate Group LLC
Warranty Deed
$480,000 · Citizens Bank NA
Feb 3, 2005
$850,000
Saber Real Estate Group LLC
Kastelic Ents LLC
Grant Deed
$462,500 · Firstmerit Bank NA
Aug 31, 1999
$650,000
Kastelic Enterprises LLC
Joseph Charitable Remainder Un
Grant Deed
$550,000 · Kastelic Enterprises LLC
—
—
Saber Real Estate Group LLC
—
Deed Of Trust
related
$984,000 · Firstmerit Bank NA
—
—
Firstbank NA
—
Deed Of Trust
related
$254,000 · Kastelie Enterprises LLC
—
—
Saber Real Estate Group LLC
—
Deed Of Trust
related
$382,000 · Lake Cnty Small Busn Assistanc
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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