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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Office buildings
514 Frnt St Berea, OH 44017
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1570957
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Construction
WOOD
Total area
4,782 SF
Lot
2.87 ac (124,822 SF)
Zoning code
G
APN
362-15-004
UPID
US66-1570957
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
$815k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.05M
Owner & transaction history
Rental Acquisitions LLC · 2 yrs held
Rental Acquisitions LLC
since 2023
7 recorded transactions
Zoning & alternative use
G · Berea, 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 Berea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berea 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
$815,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$780,000
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10%
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
$219 / 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
$33,486
Tax year 2023
Assessed value
$359,180
Assessed 2023
Previous assessed
$359,180
+0.0% YoY
Effective rate
9.32%
On assessed value
Assessed land
$185,260
Assessed improvement
$173,920
Land market value
$529,300
Improvement market value
$496,900
Total market value
$1,026,200
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
1952
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
4,782 SF
Lot
2.87 ac (124,822 SF)
Zoning code
G
APN
362-15-004
UPID
US66-1570957
Jurisdiction
CUYAHOGA
Zoning & alternative use
G · Berea, OH
Zoning G · permitted uses
G · Berea, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
4
Lot
2.87 ac
Current owner
From public records · entity-resolved
Rental Acquisitions LLC
Entity
Mailing address
76 LOU GROZA BLVD, BEREA, OH 44017-1238
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2023
—
Rental Acquisitions LLC
Front Street Realty LLC
Quit Claim Deed
related
—
Jan 31, 2023
—
Front Street Realty LLC
Sg Berea Real Estate LLC
Limited Warranty Deed
—
Aug 7, 2009
—
Sg Berea Real Estate LLC
—
Deed Of Trust
related
$12,500,000 · Key Bank NA
Apr 5, 2004
—
Serpentini Berrea LLC
Serpentini Management LLC
Quit Claim Deed
related
$12,200,000 · Falcon Financial Inv Trust
Oct 3, 2002
—
Serpentini Management Co Ltd
—
Deed Of Trust
related
$1,388,831 · Key Bank NA
Jun 7, 2002
—
Serpentini Management Co
—
Deed Of Trust
related
$1,306,300 · Key Bank NA
Dec 21, 2001
—
Serpentini Management Co Ltd
—
Deed Of Trust
related
$2,500,000 · Viba Investments LLC
—
—
Sg Berea Real Estate LLC
—
Deed Of Trust
related
$910,000 · Key Bank NA
—
—
Sg Berea Real Estate LLC
—
Deed Of Trust
related
$9,600,000 · Key Bank NA
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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