Technical
Financial
Distress signals
Property profile

4840 Northfield Rd 4860 North Randall, OH 44128

OFF-MARKET
Strip malls
Property ID
US66-6101219
16,000 SF 1.24 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 16,000 SF
Lot 1.24 ac (54,058 SF)
Zoning code C-1
APN 771-08-014
UPID US66-6101219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4840 Northfield Rd, Unit 4860 North Randall, OH 44128-4524
North Randall metro Census 197000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2020
Last sale
$360,000
5 recorded transactions
2020
$360,000
2016
$383,333
2003
$112,000
1997
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · North Randall, OH
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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