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    Property profile & analytics

    5156 Richmond Rd Bedford Heights, OH 44146-1331

    • Office buildings
    • 900 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 20, 2020
    Location Intelligence
    Property ID
    US66-2560733
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medco Coated Products / Medical Supply Store

    Property Details for 5156 Richmond Rd

    Year built
    1962
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.50 lot acres
    Property size
    900 SF
    Zone code
    I
    Property type
    Office buildings
    APN
    791-02-014
    APU
    79102014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4995
    Latitude
    41.4197
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,335
    $12,460
    $85,610
    $98,070
    -
    $35,600
    $244,600
    $280,200

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      Broadway Ave

      OFFICE BUILDING • 0.10 Acres
      Broadway Ave, Bedford, OH 44146
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    • Value Estimation by Request
      615 SF

      20350 Hannan Pkwy

      OFFICE BUILDING • 615 SF
      20350 Hannan Pkwy, Walton Hills, OH 44146-5353
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      5,208 SF

      7800 Northfield Rd

      OFFICE BUILDING • 5,208 SF
      7800 Northfield Rd, Walton Hills, OH 44146-5523
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    • Value Estimation by Request
      2,870 SF

      7575 Northfield Rd

      OFFICE BUILDING • 2,870 SF
      7575 Northfield Rd, Walton Hills, OH 44146-6109
      View Details
    • Value Estimation by Request
      19,144 SF

      739 Broadway Ave

      OFFICE BUILDING • 19,144 SF
      739 Broadway Ave, Bedford, OH 44146-3617
      View Details
    • Value Estimation by Request
      29,700 SF

      5064 Richmond Rd, Unit 5092

      OFFICE BUILDING • 29,700 SF
      5064 Richmond Rd, Bedford Heights, OH 44146-1329
      View Details

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    • $38,000
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      Residential Land in Bedford, OH

      Building lot in Bentbrook Community with city services and tax abatement.
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    Similar Nearby for Lease

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    • $0.67 SF/Yr
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      Bedford Heights Commercial Land

      0.62-acre commercial land for lease.
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      View Details
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    5156 Richmond Rd
    Bedford Heights, OH 44146-1331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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