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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Warehouses
4431 130th St Cleveland, OH 44135-3011
Entity Owned
19-yr Hold
Free & Clear
Property ID
US66-6293214
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
6,156 SF
Lot
48.87 ac (2,128,862 SF)
Zoning code
GI
APN
019-24-004
UPID
US66-6293214
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
Current use
Occupant on record · Public records
-
The Shelly Company Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$520k
Owner & transaction history
Commercial Net Lease Realty · 19 yrs held
Commercial Net Lease Realty
since 2006
3 recorded transactions
Zoning & alternative use
GI · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$670,000
+112.2%
Neighborhood: shopping center
$625,000
+97.8%
Auto repair, garage
$550,000
+73.7%
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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%
$510,000
6.5%
$470,000
7%
$440,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$315,000
Current use
MEDICAL BUILDING
$670,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$550,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$510,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$455,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$84 / 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
$120,900
Tax year 2023
Assessed value
$1,210,550
Assessed 2023
Previous assessed
$1,210,550
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$799,680
Assessed improvement
$410,870
Land market value
$2,284,800
Improvement market value
$1,173,900
Total market value
$3,458,700
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
Off-Market
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
6,156 SF
Lot
48.87 ac (2,128,862 SF)
Zoning code
GI
APN
019-24-004
UPID
US66-6293214
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Cleveland, OH
Zoning GI · permitted uses
GI · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$315,000
MEDICAL BUILDING
Est. value
$670,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$510,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$455,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Lot
48.87 ac
Current owner
From public records · entity-resolved
Commercial Net Lease Realty
Entity
Free & Clear · 19 yrs held
Mailing address
26555 RICHMOND RD, BEDFORD, OH 44146-1427
Ownership since
2006
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 16, 2006
$4,496,465
Commercial Net Lease Realty
Abrams Family Properties LLC
Grant Deed
—
Aug 16, 2006
—
Commercial Net Lease Realty
Abrams Realty
Grant Deed
related
—
Sep 29, 2000
—
Abrams Family Property INC
Abrams,ian J & Gloria
Quit Claim Deed
related
$2,500,000 · National City 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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