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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Manufacturing properties
5178 Richmond Rd, Bedford Heights, OH 44146-1331
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0130618
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1962
Construction
TYPE NOT SPECIFIED
Total area
10,353 SF
Lot
0.66 ac (28,960 SF)
Zoning code
I
APN
791-02-009
UPID
US66-0130618
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
$575k
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$680k
Owner & transaction history
My Property Holdings LLC Series II · 2 yrs held
My Property Holdings LLC Series II
since 2023
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
I · Bedford Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+145.1%
Neighborhood: shopping center
$1.1M
+128.5%
Commercial (general)
$860,000
+86.9%
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
Method
Estimation
Statistic approach
$655,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$655,000
7%
$610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$460,000
Current use
MEDICAL BUILDING
$1,125,000
Change: +145% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,050,000
Change: +128% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: +87% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $700k (Dec 28 2023)
Last sale anchor
$700k
Dec 28 2023
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
$66 / 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
$23,322
Tax year 2023
Assessed value
$245,010
Assessed 2023
Previous assessed
$143,540
+70.7% YoY
Effective rate
9.52%
On assessed value
Assessed land
$16,630
Assessed improvement
$228,380
Land market value
$47,500
Improvement market value
$652,500
Total market value
$700,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
10,353 SF
Lot
0.66 ac (28,960 SF)
Zoning code
I
APN
791-02-009
UPID
US66-0130618
Jurisdiction
CUYAHOGA
Zoning & alternative use
I · Bedford Heights, OH
Zoning I · permitted uses
I · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.66 ac
Current owner
From public records · entity-resolved
My Property Holdings LLC Series II
Entity
Mailing address
601 OAKMONT LN STE #400, WESTMONT, IL 60559-5570
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
My Property Holdings LLC Series II
My Prop Holdings LLC 5178 Richmond
Intrafamily Transfer
related
$6,225,000 · Geneva Capital Group INC
Nov 1, 2021
$700,000
My Properties Holdings LLC
Anatoliy Tokman
Warranty Deed
—
Nov 25, 2009
$401,100
Anatoliy Tokman
Hanna Realty & Investments LLC
Warranty Deed
$306,400 · Us Bank NA
Jul 1, 2009
$382,000
Hanna Realty & Investment LLC
Bb Buckle LLC
Warranty Deed
—
Jun 28, 2005
$320,000
Bb Buckle LLC
Zlataric Jane E
Grant Deed
—
Feb 22, 2000
—
Zlateric Trust
Trombo,gerald J & Lois
Quit Claim Deed
related
—
—
—
Hanna Realty & Investments LLC
—
Deed Of Trust
related
$287,500 · Liberty Bank
—
—
Trombo Trust
—
Deed Of Trust
related
$250,000 · Firstar Bank
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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