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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Office buildings
460 Northfield Rd, Bedford, OH 44146-2204
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-2581963
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
TYPE NOT SPECIFIED
Total area
23,469 SF
Lot
2.6 ac (113,256 SF)
Zoning code
B3
APN
811-27-001
UPID
US66-2581963
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
$1.34M
Blend (final)
Blend
$1.10M
Owner & transaction history
Apex Hldgs LLC · 6 yrs held
Apex Hldgs LLC
since 2020
Last sale
$4,244
5 recorded transactions
Zoning & alternative use
B3 · Bedford, 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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $4k (May 20 2020)
Last sale anchor
$4k
May 20 2020
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
$4,971
Tax year 2023
Assessed value
$47,260
Assessed 2023
Previous assessed
$47,260
+0.0% YoY
Effective rate
10.52%
On assessed value
Assessed land
$23,980
Assessed improvement
$23,280
Land market value
$68,500
Improvement market value
$66,500
Total market value
$135,000
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
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
23,469 SF
Lot
2.6 ac (113,256 SF)
Zoning code
B3
APN
811-27-001
UPID
US66-2581963
Jurisdiction
CUYAHOGA
Zoning & alternative use
B3 · Bedford, OH
Zoning B3 · permitted uses
B3 · Bedford, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.6 ac
Current owner
From public records · entity-resolved
Apex Hldgs LLC
Entity
Mailing address
7416 PETTIBONE RD, CHAGRIN FALLS, OH 44023-4941
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2020
—
Apex Hldgs LLC
Land Reutilization Pro Bedford
Grant Deed
related
—
Jun 26, 2019
$4,244
Bedford Land Reutilization Pro
Sheriff Of Cuyahoga County|word Of Righteousness F
Trustees Deed
—
Oct 12, 2017
—
Word Of Righteousness Family Life
—
Deed
related
$2,000,000 · Transamerica Inv Group INC
Apr 18, 2014
$100,000
Word Of Righteousness Fam Life Ct
Ymca Of Greater Cleveland
Grant Deed
—
—
—
Word Of Righteousness Family Life
—
Deed Of Trust
related
$2,000,000 · Transamerica Inv Group INC
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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