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Property profile & analytics
FOR LEASE
Warehouses
3620 Mallard Run Sheffield, OH 44054
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-5226790
For Lease
1 / 8
$7 SF/Yr
3620 Mallard Run, Sheffield, OH 44054
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
103,768 SF
Lot
13.58 ac (591,545 SF)
APN
03-00-068-000-026
UPID
US66-5226790
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
by Request
CAP Approach
CAP
$7.33M
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$6.90M
Owner & transaction history
Wildcat Creek Properties LLC · 1 yrs held
Wildcat Creek Properties LLC
since 2024
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$11.2M
+82.0%
Medical building
$9.7M
+57.1%
Restaurant
$9.3M
+50.6%
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 Sheffield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,935,000
6.5%
$7,325,000
7%
$6,800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,150,000
Current use
APARTMENT HOUSE (5+ UNITS)
$11,195,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$9,665,000
Change: +57% · Conversion: Difficult
RESTAURANT
$9,265,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$8,950,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,540,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,005,000
Change: +30% · Conversion: Moderate
RETAIL STORES
$6,410,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$6.90M
Range $6.21M – $7.58M · ±10%
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
$66 / 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
$125,033
Tax year 2023
Assessed value
$1,945,685
Assessed 2023
Previous assessed
$1,945,690
0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$110,530
Assessed improvement
$1,835,155
Land market value
$315,800
Improvement market value
$5,243,300
Total market value
$5,559,100
Applied tax rate
65.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Heating
NONE
Stories
1
Units
1
Total area
103,768 SF
Lot
13.58 ac (591,545 SF)
APN
03-00-068-000-026
UPID
US66-5226790
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.2M
MEDICAL BUILDING
Est. value
$9.7M
RESTAURANT
Est. value
$9.3M
OFFICE BUILDING
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
RETAIL STORES
Est. value
$6.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
Heating
NONE
Stories
1
Units
1
Lot
13.58 ac
Current owner
From public records · entity-resolved
Wildcat Creek Properties LLC
Entity
Mailing address
1300 E 9TH ST, CLEVELAND, OH 44114-1501
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Wildcat Creek Properties LLC
—
Deed
related
$6,100,000 · Premier Bank
Jan 3, 2020
—
Wildcat Creek Properties LLC
—
Loan Modification
related
$5,300,000 · First Nat'l Bk/pa
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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