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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Flex space
30030 Lakeland Blvd Wickliffe, OH 44092-1745
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1235943
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1955
Total area
8,057 SF
Lot
1.55 ac (67,518 SF)
Zoning code
I
APN
29-A-001-L-00-011-0
UPID
US66-1235943
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
$635k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$620k
Owner & transaction history
Pick Properties LLC · 5 yrs held
Pick Properties LLC
since 2020
Last sale
$750,000
2 recorded transactions
Zoning & alternative use
I · Wickliffe, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$675,000
+91.7%
Office building
$585,000
+65.4%
Medical building
$565,000
+60.9%
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 Wickliffe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wickliffe 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
$680,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$445,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$675,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$585,000
Change: +65% · Conversion: Difficult
MEDICAL BUILDING
$565,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +43% · Conversion: Moderate
WAREHOUSE, STORAGE
$445,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $750k (Jul 20 2020)
Last sale anchor
$750k
Jul 20 2020
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
$77 / 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
$28,624
Tax year 2023
Assessed value
$232,750
Assessed 2023
Previous assessed
$232,750
+0.0% YoY
Effective rate
12.30%
On assessed value
Assessed land
$29,160
Assessed improvement
$203,590
Land market value
$83,310
Improvement market value
$581,690
Total market value
$665,000
Applied tax rate
29.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
8,057 SF
Lot
1.55 ac (67,518 SF)
Zoning code
I
APN
29-A-001-L-00-011-0
UPID
US66-1235943
Jurisdiction
LAKE
Zoning & alternative use
I · Wickliffe, OH
Zoning I · permitted uses
I · Wickliffe, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wickliffe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$675,000
OFFICE BUILDING
Est. value
$585,000
MEDICAL BUILDING
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$505,000
WAREHOUSE, STORAGE
Est. value
$445,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
1.55 ac
Current owner
From public records · entity-resolved
Pick Properties LLC
Entity
Mailing address
1978 BREMERTON RD, LYNDHURST, OH 44124-3925
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2020
$750,000
Pick Properties LLC
William E Sopko LLC
Warranty Deed
$1,417,000 · The Huntington National Bank
May 17, 2005
—
William E Sopko LLC
Sopko,william E
Quit Claim Deed
—
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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