New search
Property profile & analytics
OFF-MARKET
Retail space
5425 Northfield Rd, Bedford Heights, OH 44146-1112
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-2612631
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
TYPE NOT SPECIFIED
Total area
5,664 SF
Lot
1.27 ac (55,200 SF)
Zoning code
B-2
APN
791-20-005
UPID
US66-2612631
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southgate Center Assocs LLC · 12 yrs held
Southgate Center Assocs LLC
since 2013
5 recorded transactions
Zoning & alternative use
B-2 · Bedford Heights, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,030
Tax year 2023
Assessed value
$125,340
Assessed 2023
Previous assessed
$125,340
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$82,500
Assessed improvement
$42,840
Land market value
$235,700
Improvement market value
$122,400
Total market value
$358,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,664 SF
Lot
1.27 ac (55,200 SF)
Zoning code
B-2
APN
791-20-005
UPID
US66-2612631
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-2 · Bedford Heights, OH
Zoning B-2 · permitted uses
B-2 · 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.
Building & site characteristics
From public records
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Southgate Center Assocs LLC
Entity
Mailing address
678 REISTERSTOWN RD, PIKESVILLE, MD 21208-5112
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2019
—
Southgate Ctr Assocs LLC
—
Grant Deed
related
$22,960,000 · First Fin'l Bk&tr
Jun 26, 2019
—
Southgate Ctr Assocs LLC
—
Grant Deed
related
$20,500,000 · First Fin'l Bk&tr
Dec 17, 2013
$14,000,000
Southgate Center Assocs LLC
Jpmc 2001-a Southgate LLC
Grant Deed
related
$13,500,000 · Calmwater Cap 3 LLC
Dec 29, 2011
$12,160
Jpmc 2001-a Southgate LLC
Sheriff Of Cuyahoga County
Trustees Deed
—
Oct 11, 2007
—
Sg USA Properties LLC
Sg USA Properties Spe LLC Ltd
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5425 Northfield Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
