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Property profile & analytics
OFF-MARKET
Estimated value
$9,285,000
Medical Office Space
27200 Cedar Rd 27350 Beachwood, OH 44122-8104
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2339373
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Construction
TYPE NOT SPECIFIED
Total area
5,082 SF
Lot
23.15 ac (1,008,520 SF)
Zoning code
U-5
APN
742-31-005
UPID
US66-2339373
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
$9.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.29M
Owner & transaction history
27100 LLC · 2 yrs held
27100 LLC
since 2023
Last sale
$9.6M
5 recorded transactions
Zoning & alternative use
U-5 · 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
$8,925,000
ML approach
$9,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.29M
Range $8.36M – $10.21M · ±10% · vs last sale $9.56M (Dec 22 2023)
Last sale anchor
$9.56M
Dec 22 2023
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
$1,827 / 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
$39,145
Tax year 2023
Assessed value
$12,592,840
Assessed 2023
Previous assessed
$12,592,840
+0.0% YoY
Effective rate
0.31%
On assessed value
Assessed land
$3,353,360
Assessed improvement
$9,239,480
Land market value
$9,581,000
Improvement market value
$26,398,500
Total market value
$35,979,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
8
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
5,082 SF
Lot
23.15 ac (1,008,520 SF)
Zoning code
U-5
APN
742-31-005
UPID
US66-2339373
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-5 · Beachwood, OH
Zoning U-5 · permitted uses
U-5 · 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
2010
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
8
Units
1
Rooms
5
Bathrooms
2
Lot
23.15 ac
Current owner
From public records · entity-resolved
27100 LLC
Entity
Mailing address
27100 CEDAR RD, BEACHWOOD, OH 44122-1109
Ownership since
2023
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
Dec 26, 2023
$33,206,300
27100 LLC
Menorah Park Ctr For Senior Living
Limited Warranty Deed
$80,437,500 · Deutsche Bank National Trust Co
Dec 22, 2023
$9,556,700
Il 27200 LLC
R H Myers Apartments LLC
Limited Warranty Deed
$80,437,500 · Deutsche Bank National Trust Co
Aug 8, 2023
—
Moshav Zekenim Hadati
—
Deed
related
—
Dec 7, 2018
—
Menorah Park Center
—
Grant Deed
related
$32,290,000 · Huntington Nat'l Bk
May 21, 2010
—
Menorah Park Ctr Of Senior Living
—
Deed Of Trust
related
$6,435,000 · Huntington National Bank
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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