Property profile

3000 Aerospace Pkwy Brook Park, OH 44142

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US66-2432315
26,764 SF 3.22 ac Built 1990
Last sale Oct 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$58k
Tax billed · 2023
Assessed value$700k
Assessed land$246k
Assessed improvement$454k
Effective rate8.33%

Value estimate

· Nov 2026
$925k
$833k – $1.02M
Submarket $/SF estimate$1.87M
NOI build-up
Gross scheduled income$510k
Vacancy & credit loss−$125k
Operating expenses−$96k
NOI · 2,405,958.33% cap applied$289k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293

Cap rate analysis

How does the asset earn?
2,405,958.33%
$289k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
U6
The U-6 Commercial is use to provide areas for office uses and aerospace research and development activities and their directly related e...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Gym & Fitness8.3
Daycare Center7.9

Location

3000 Aerospace Pkwy Brook Park, OH 44142
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15270 Diana, Brook Park, OH 44142-1797 $675,000 Feb 2024 11,098 SF
5111 164th, Brook Park, OH 44142-1505 $700,000 Aug 2023 12,875 SF
5801 Engle, Brook Park, OH 44142-1598 $3,125,000 Sep 2022 4,800 SF
15666 Snow, Brook Park, OH 44142-2356 $465,000 Jul 2022 12,852 SF
15375 Brookpark, Brook Park, OH 44142-1631 $1,600,000 Nov 2020 7,802 SF
21000 Aerospace, Cleveland, OH 44142-1000 $12,610,000 Sep 2020 19,696 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved