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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Industrial properties
4920 French Crk Rd Sheffield Village, OH 44054-2740
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0944017
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1969
Total area
15,392 SF
Lot
10.77 ac (469,141 SF)
APN
03-00-067-000-044
UPID
US66-0944017
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
$1.10M
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.11M
Owner & transaction history
Quality Steel Storage LLC · 3 yrs held
Quality Steel Storage LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.7M
+87.3%
Medical building
$1.4M
+61.7%
Restaurant
$1.4M
+55.1%
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 Sheffield Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield Village 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
$980,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,660,000
Change: +87% · Conversion: Difficult
MEDICAL BUILDING
$1,435,000
Change: +62% · Conversion: Difficult
RESTAURANT
$1,375,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$1,330,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,265,000
Change: +43% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,185,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$950,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±10% · vs last sale $1.25M (Nov 2 2022)
Last sale anchor
$1.25M
Nov 2 2022
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
$72 / 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
$26,990
Tax year 2023
Assessed value
$420,000
Assessed 2023
Previous assessed
$350,000
+20.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$109,375
Assessed improvement
$310,625
Land market value
$312,500
Improvement market value
$887,500
Total market value
$1,200,000
Applied tax rate
65.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1969
Heating
NONE
Buildings
9
Stories
1
Units
1
Total area
15,392 SF
Lot
10.77 ac (469,141 SF)
APN
03-00-067-000-044
UPID
US66-0944017
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$885,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$950,000
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1969
Heating
NONE
Stories
1
Buildings
9
Units
1
Lot
10.77 ac
Current owner
From public records · entity-resolved
Quality Steel Storage LLC
Entity
Mailing address
400 MILEY RD, NORTH LIMA, OH 44452-8545
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Quality Steel Storage LLC
—
Deed
related
$1,700,000 · The Farmers National Bank Of Canfield
Nov 2, 2022
$1,250,000
Quality Steel Storage LLC
F F LP LP
Warranty Deed
$1,000,000 · The Farmers National Bank Of Canfie
Jun 26, 2018
—
Fflp LP
—
Deed
related
$805,000 · Huntington National Bank
Nov 20, 2017
—
Fflp LP
—
Deed
related
$648,560 · Huntington Nat'l Bk
Jan 15, 2016
$1,000,000
F F L P LP
M & L Properties Of Lorain County L
Warranty Deed
$805,000 · Firstmerit Bank NA
Mar 12, 2008
—
Wcp Wireless Lease Subsidiary
—
Deed Of Trust
related
$85,000,000 · Bayerische Hypo-und Vereinsban
Jun 29, 2007
$670,100
M&l Properties Of Lorain County LLC
Twebb Holdings LLC
Corporation Deed
$1,000,000 · Independence Bank
Dec 16, 2005
$675,000
Twebb Holdings LLC
P B Holdings INC
Quit Claim Deed
related
—
—
—
Gtp Acquisition Ptrs II LLC
—
Deed Of Trust
related
—
—
—
Fflp LP
—
Deed Of Trust
related
$648,560 · Huntington Nat'l Bk
—
—
Wcp Wireless Lease Subsidiary
—
Deed Of Trust
related
—
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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