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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Retail space
4651 Northfield Rd North Randall, OH 44128-4508
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-6285419
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
TYPE NOT SPECIFIED
Total area
8,360 SF
Lot
3.14 ac (136,717 SF)
Zoning code
C-1
APN
771-09-013
UPID
US66-6285419
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$935k
Owner & transaction history
4651 Northfield LLC · 3 yrs held
4651 Northfield LLC
since 2023
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
C-1 · North Randall, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+163.2%
Office building
$1.4M
+152.4%
Medical building
$910,000
+69.5%
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 North Randall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Randall 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
$790,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,235,000
7%
$1,145,000
Alternative Use
Use
Estimation
RESTAURANT
$1,410,000
Change: +163% · Conversion: Easy
OFFICE BUILDING
$1,350,000
Change: +152% · Conversion: Easy
MEDICAL BUILDING
$910,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$745,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$620,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.17M (Jan 4 2023)
Last sale anchor
$1.17M
Jan 4 2023
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
$112 / 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
$28,173
Tax year 2023
Assessed value
$278,180
Assessed 2023
Previous assessed
$278,180
+0.0% YoY
Effective rate
10.13%
On assessed value
Assessed land
$143,570
Assessed improvement
$134,610
Land market value
$410,200
Improvement market value
$384,600
Total market value
$794,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
8,360 SF
Lot
3.14 ac (136,717 SF)
Zoning code
C-1
APN
771-09-013
UPID
US66-6285419
Jurisdiction
CUYAHOGA
Zoning & alternative use
C-1 · North Randall, OH
Zoning C-1 · permitted uses
C-1 · North Randall, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Randall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$910,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$695,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$620,000
RESTAURANT
OFFICE BUILDING
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
1965
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
4651 Northfield LLC
Entity
Free & Clear · 3 yrs held
Mailing address
27000 CHAGRIN BLVD, CLEVELAND, OH 44122-4202
Ownership since
2023
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
Jan 4, 2023
$1,165,000
4651 Northfield LLC
M B D Realty LLC
Warranty Deed
—
Feb 22, 2021
—
M B D Realty LLC
—
Deed
related
$10,000 · Civista Bank
May 15, 2017
—
Mbd Realty LLC
—
Grant Deed
related
$1,023,593 · Northwest Bk
Aug 15, 2002
$1,335,000
M B D Realty LLC
Hulderman Properties LLC
Grant Deed
$1,135,000 · Hulderman Properties LLC
Feb 24, 2000
—
Hulderman Properties LLC
Hulderman,robert E & Lois C
Quit Claim Deed
related
—
—
—
Mbd Realty LLC
—
Deed Of Trust
related
$1,200,000 · Charter One 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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