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Property profile & analytics
FOR LEASE
Commercial land
5125 Northfield Rd Bedford Heights, OH 44146
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-1424416
For Lease
1 / 6
Contact for pricing
5125 Northfield Rd, Bedford Heights, OH 44146
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Property summary
AI-generated overview
This 0.62-acre commercial land parcel, located at 5125 Northfield Rd, Bedford Heights, OH 44146, offers a prime opportunity for ground lease or build-to-suit development. Zoned commercial, this 27,007 square foot lot is ideally suited for office or retail space. Plans allow for a 3,000 square foot building with ample parking. The property boasts excellent visibility and accessibility, situated on busy Northfield Road with convenient access to Interstates 480 and 271. Its strategic location is just one mile from Randall Park Mall, adjacent to a McDonald's, and surrounded by residential areas and nearby industrial parks. The annual real estate taxes are $4,880 ($407 monthly). The annual lease rate is $22,880 ($1,906.67 monthly). Cuyahoga County. Cross street: Norton Rd.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1991
Total area
992 SF
Lot
0.62 ac (27,085 SF)
Zoning code
B-3
APN
791-08-058
UPID
US66-1424416
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
TRIPLE R ASSOCIATES
TRIPLE R ASSOCIATES
Zoning & alternative use
B-3 · Bedford Heights, 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 Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford Heights 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,418
Tax year 2023
Assessed value
$52,120
Assessed 2023
Previous assessed
$52,120
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$52,120
Land market value
$148,900
Total market value
$148,900
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1991
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
992 SF
Lot
0.62 ac (27,085 SF)
Zoning code
B-3
APN
791-08-058
UPID
US66-1424416
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-3 · Bedford Heights, OH
Zoning B-3 · permitted uses
B-3 · Bedford Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
TRIPLE R ASSOCIATES
Individual
Free & Clear · 0 yrs held
Mailing address
6300 NE 1ST AVE STE #102, FORT LAUDERDALE, FL 33334-1941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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