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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Industrial properties
33212 Lakeland Blvd Eastlake, OH 44095-5205
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-6053340
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1971
Total area
37,774 SF
Lot
1.91 ac (83,243 SF)
Zoning code
G-IND
APN
34-A-001-C-00-022-0
UPID
US66-6053340
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
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.00M
Owner & transaction history
Eastlake South LLC · 2 yrs held
Eastlake South LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
G-IND · Eastlake, 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 Eastlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastlake 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Jun 4 2024)
Last sale anchor
$1.00M
Jun 4 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
$26 / 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
$27,752
Tax year 2023
Assessed value
$287,170
Assessed 2023
Previous assessed
$287,170
+0.0% YoY
Effective rate
9.66%
On assessed value
Assessed land
$78,660
Assessed improvement
$208,510
Land market value
$224,750
Improvement market value
$595,730
Total market value
$820,480
Applied tax rate
34.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
37,774 SF
Lot
1.91 ac (83,243 SF)
Zoning code
G-IND
APN
34-A-001-C-00-022-0
UPID
US66-6053340
Jurisdiction
LAKE
Zoning & alternative use
G-IND · Eastlake, OHZoning G-IND · permitted uses
G-IND · Eastlake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
Eastlake South LLC
Entity
Mailing address
88 INDUSTRIAL CT, FREEHOLD, NJ 07728-8908
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$1,000,000
Eastlake South LLC
Leduc Investments LLC
Limited Warranty Deed
$750,000 · The Croghan Colonial Bank
Oct 2, 2023
—
Leduc Investments Ltd
—
Deed
related
$250,000 · The Middlefield Banking Co
Aug 29, 2016
—
Leduc Investments Ltd
—
Deed
related
$710,000 · Middlefield Bkng
Jan 6, 2005
—
Leduc Investments Ltd
—
Deed Of Trust
related
$1,250,000 · Charter One Bank
Aug 3, 2004
$875,000
Leduc Investments Ltd
Dornback,david A
Grant Deed
$800,000 · Charter One Bank
Jun 3, 1999
—
David A Dornback
Induflex Properties
Grant Deed
related
—
—
—
Leduc Investments Ltd
—
Deed Of Trust
related
$766,530 · Charter One
—
—
Leduc Investments Ltd
—
Deed Of Trust
related
$125,000 · Charter One Bank
—
—
Leduc Investments Ltd
—
Deed Of Trust
related
$710,000 · Middlefield Bkng
—
—
David A Dornback
—
Deed Of Trust
related
$280,000 · Republic Bank
—
—
David A Dornback
—
Deed Of Trust
related
$250,000 · Firstmerit Bank NA
—
—
Leduc Investments Ltd
—
Deed Of Trust
related
$750,000 · Charter One 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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