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Property profile & analytics
OFF-MARKET
Estimated value
$9,750,000
Office buildings
30500 Bruce Industrial Pkwy, Solon, OH 44139-3969
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0646157
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
41,296 SF
Lot
16.77 ac (730,425 SF)
Zoning code
I-2
APN
953-25-005
UPID
US66-0646157
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
$9.75M
CAP Approach
CAP
$9.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.75M
Owner & transaction history
Dp 154 LLC · 2 yrs held
Dp 154 LLC
since 2024
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
I-2 · Solon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+16.8%
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 Solon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solon 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
$9,750,000
ML approach
$9,750,000
CAP Approach
CAP Return
Estimation
6%
$9,990,000
6.5%
$9,220,000
7%
$8,565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,965,000
Current use
RESTAURANT
$6,965,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$9.75M
Range $8.78M – $10.73M · ±10% · vs last sale $9.75M (May 30 2024)
Last sale anchor
$9.75M
May 30 2024
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
$236 / 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
$102,348
Tax year 2023
Assessed value
$1,123,500
Assessed 2023
Previous assessed
$1,123,500
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$333,340
Assessed improvement
$790,160
Land market value
$952,400
Improvement market value
$2,257,600
Total market value
$3,210,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
41,296 SF
Lot
16.77 ac (730,425 SF)
Zoning code
I-2
APN
953-25-005
UPID
US66-0646157
Jurisdiction
CUYAHOGA
Zoning & alternative use
I-2 · Solon, OH
Zoning I-2 · permitted uses
I-2 · Solon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.0M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING Current
RESTAURANT
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
1986
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
16.77 ac
Current owner
From public records · entity-resolved
Dp 154 LLC
Entity
Mailing address
333 N BEDFORD RD STE #145, MOUNT KISCO, NY 10549-1160
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$9,750,000
Dp 154 LLC
Solon Bruce Industrial LLC
Limited Warranty Deed
—
Nov 10, 2021
—
Solon Bruce Industrial LLC
—
Deed
related
$61,504,000 · Wells Fargo Bank NA
Aug 18, 2020
—
Christopher S Semarjian
Solon Bruce Industrial LLC
Grant Deed
related
—
Jul 17, 2020
$3,210,000
Solon Bruce Industrial LLC
30500 Bruce Industrial LLC
Grant Deed
$3,260,000 · S&t Bk
Jun 25, 2014
—
30500 Bruce Industrial LLC
Bruce Industrial Associates Ll
Quit Claim Deed
related
$4,800,000 · Redwood Com'l Mtg Corp
Jan 31, 2001
$5,100,000
Bruce Industrial Assoc LLC
Allen Telecom INC
Grant Deed
$2,600,000 · East West Bank
—
—
Bruce Industrial Assocs LLC
—
Deed Of Trust
related
$4,825,000 · Prudential Mortgage Capital Co
—
—
Allen Telecom INC
—
Deed Of Trust
related
$250,000 · Key Bank NA
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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