Property profile

5150 Richmond Rd Bedford Heights, OH 44146

OFF-MARKET
Manufacturing properties
Property ID
US66-1129174
9,010 SF 1.06 ac lot Built 1968
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Construction TYPE NOT SPECIFIED
Total area 9,010 SF
Lot 1.06 ac (46,114 SF)
Zoning code I
APN 791-02-015
UPID US66-1129174

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Supply Store Hospital Equipment And Supplies
  • Pharmacy

Location

5150 Richmond Rd Bedford Heights, OH 44146-1331
Bedford Heights metro Census 133104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$570k
Comparable Approach Comparable
$581k
Blend (final) Blend
$280k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2019
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

I · Bedford Heights, OH
Zoning description

The purpose of this district is to provide for orderly growth and development in the City of Bedford Heights

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $915,000 +128.5%
Commercial (general) $745,000 +86.9%
Apartment house (5+ units) $665,000 +66.9%

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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