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    Property profile & analytics

    5399 Lancaster Dr Brooklyn Heights, OH 44131

    • Manufacturing properties
    • 37,430 SF
    • 2.66 lot acres
    For Lease
    View listing
    Value Estimation
    $785,000
    Location Intelligence
    Property ID
    US66-4006640
    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

    • Manufacturing properties

    Property Details for 5399 Lancaster Dr

    Year built
    1989
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.66 lot acres
    Property size
    37,430 SF
    Zone code
    LI
    Property type
    Manufacturing properties
    APN
    531-26-005
    APU
    53126005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6647
    Latitude
    41.4141
    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
    $38,308
    $106,370
    $518,950
    $625,320
    -
    $303,900
    $1,482,700
    $1,786,600

    Comparable in this City

    • Value Estimation
      $1,830,000
      1.14 Acres

      Spg Rd

      MANUFACTURING (LIGHT) • 1.14 Acres
      Spg Rd, Brooklyn Heights, OH 44131
      View Details
    • Value Estimation
      $3,445,000
      0.61 Acres

      4700 Spg Rd

      MANUFACTURING (LIGHT) • 0.61 Acres
      4700 Spg Rd, Brooklyn Heights, OH 44131-1027
      View Details
    • Value Estimation
      $1,135,000
      3.03 Acres

      8901 Pleasant Vly Rd

      MANUFACTURING (LIGHT) • 3.03 Acres
      8901 Pleasant Vly Rd, Independence, OH 44131-5508
      View Details
    • Value Estimation
      $335,000
      16,760 SF

      4701 Spg Rd

      MANUFACTURING (LIGHT) • 16,760 SF
      4701 Spg Rd, Brooklyn Heights, OH 44131-1025
      View Details
    • Value Estimation
      $615,000
      31,216 SF

      4689 Spg Rd

      MANUFACTURING (LIGHT) • 31,216 SF
      4689 Spg Rd, Brooklyn Heights, OH 44131-1021
      View Details
    • Value Estimation by Request
      23,692 SF

      4545 Spg Rd

      MANUFACTURING (LIGHT) • 23,692 SF
      4545 Spg Rd, Brooklyn Heights, OH 44131-1023
      View Details

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    5399 Lancaster Dr
    Brooklyn Heights, OH 44131
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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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