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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Office buildings
387 Golfview Ln Highland Heights, OH 44143-4416
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2197836
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
28,648 SF
Lot
3.37 ac (146,797 SF)
Zoning code
P-C-M
APN
821-07-015
UPID
US66-2197836
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
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.34M
Owner & transaction history
387 Golf View Lane Ltd · 14 yrs held
387 Golf View Lane Ltd
since 2011
6 recorded transactions
Zoning & alternative use
P-C-M · Highland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to accommodate park commercial manufacturing
Zone name
Park Commercial Manufacturing
General category
INDUSTRIAL
Zone area
657.23 ac
Source
Realmo
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 Highland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland Heights 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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$47 / 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
$76,725
Tax year 2023
Assessed value
$776,860
Assessed 2023
Previous assessed
$776,860
+0.0% YoY
Effective rate
9.88%
On assessed value
Assessed land
$117,950
Assessed improvement
$658,910
Land market value
$337,000
Improvement market value
$1,882,600
Total market value
$2,219,600
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
2007
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
28,648 SF
Lot
3.37 ac (146,797 SF)
Zoning code
P-C-M
APN
821-07-015
UPID
US66-2197836
Jurisdiction
CUYAHOGA
Zoning & alternative use
P-C-M · Highland Heights, OHZoning P-C-M · permitted uses
P-C-M · Highland Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to accommodate park commercial manufacturing
Zone name
Park Commercial Manufacturing
General category
INDUSTRIAL
Zone area
657.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
3.37 ac
Current owner
From public records · entity-resolved
387 Golf View Lane Ltd
Individual
Mailing address
3004 PREAKNESS DR, STOW, OH 44224-6214
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2016
—
387 Golf View Lane Ltd
—
Deed
related
$1,900,000 · Miscellaneous Ins Co
Sep 30, 2011
$2,450,000
387 Golf View Lane Ltd
Legend Dev Group LLC
Deed Of Trust
related
$2,200,000 · Park View Fsb
Dec 7, 2005
—
Legend Dev Group LLC
—
Trustees Deed
related
$3,200,000 · Park View Fsb
Oct 5, 2005
$438,360
Legend Dev Group LLC
Shemo Michael A
Warranty Deed
—
—
—
Legend Dev Group LLC
—
Deed Of Trust
related
$800,000 · Park View Fsb
—
—
387 Golf View Lane Ltd
—
Deed Of Trust
related
$1,900,000 · Miscellaneous Ins Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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