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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Schools
390 Frnt St Berea, OH 44017
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-6225985
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1883
Total area
2,262 SF
Lot
20.63 ac (898,556 SF)
Zoning code
RSF-B
APN
362-19-001
UPID
US66-6225985
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Nc Housing LLC · 3 yrs held
Nc Housing LLC
since 2022
3 recorded transactions
Zoning & alternative use
RSF-B · Berea, 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 Berea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berea 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$334 / 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
$581,610
Tax year 2023
Assessed value
$14,273,110
Assessed 2023
Previous assessed
$14,273,110
+0.0% YoY
Effective rate
4.07%
On assessed value
Assessed land
$1,603,910
Assessed improvement
$12,669,200
Land market value
$4,582,600
Improvement market value
$36,197,700
Total market value
$40,780,300
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1883
Heating
FORCED AIR
Cooling
NONE
Buildings
12
Stories
2
Rooms
11
Bathrooms
20
Total area
2,262 SF
Lot
20.63 ac (898,556 SF)
Zoning code
RSF-B
APN
362-19-001
UPID
US66-6225985
Jurisdiction
CUYAHOGA
Zoning & alternative use
RSF-B · Berea, OH
Zoning RSF-B · permitted uses
RSF-B · Berea, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1883
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
12
Rooms
11
Bathrooms
20
Lot
20.63 ac
Current owner
From public records · entity-resolved
Nc Housing LLC
Entity
Free & Clear · 3 yrs held
Mailing address
390 FRNT ST, BEREA, OH 44017
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Nc Housing LLC
Baldwin Wallace University
Lease
—
May 11, 2007
$175,000
Baldwin-wallace College
Coury,robert F
Warranty Deed
—
Oct 23, 2003
$92,500
Robert F Coury
Cory,tr
Grant Deed
$64,500 · World Savings 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.
Try Rey
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