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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Manufacturing properties
5500 164th St Brook Park, OH 44142-1512
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2950869
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
22,800 SF
Lot
1.38 ac (60,000 SF)
Zoning code
U5-C
APN
343-04-015
UPID
US66-2950869
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
$1.25M
Blend (final)
Blend
$915k
Owner & transaction history
Postle Real Estate Corporation · 1 yrs held
Postle Real Estate Corporation
since 2025
7 recorded transactions
Zoning & alternative use
U5-C · Brook Park, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
U-5C Industrial/Service District. 1121.33 Concentration of regulated use businesses. 1121.34 Conditional use permits. 1121.341 Public hearing on conditional use permit applications. 1121.342 Standards for conditional use permits. 1121.35 Revocation of conditional use permit. 1121.36 Mandatory conditions and safeguards. 1121.37
Zone name
Industrial Service
General category
INDUSTRIAL
Zone area
381.18 ac
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 Brook Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brook Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$985,000
Current use
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
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
$40 / 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
$28,417
Tax year 2023
Assessed value
$341,180
Assessed 2023
Previous assessed
$341,180
+0.0% YoY
Effective rate
8.33%
On assessed value
Assessed land
$37,100
Assessed improvement
$304,080
Land market value
$106,000
Improvement market value
$868,800
Total market value
$974,800
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
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
22,800 SF
Lot
1.38 ac (60,000 SF)
Zoning code
U5-C
APN
343-04-015
UPID
US66-2950869
Jurisdiction
CUYAHOGA
Zoning & alternative use
U5-C · Brook Park, OHZoning U5-C · permitted uses
U5-C · Brook Park, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
U-5C Industrial/Service District. 1121.33 Concentration of regulated use businesses. 1121.34 Conditional use permits. 1121.341 Public hearing on conditional use permit applications. 1121.342 Standards for conditional use permits. 1121.35 Revocation of conditional use permit. 1121.36 Mandatory conditions and safeguards. 1121.37
Zone name
Industrial Service
General category
INDUSTRIAL
Zone area
381.18 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$985,000
INDUSTRIAL (GENERAL) Current
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
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Postle Real Estate Corporation
Entity
Mailing address
5500 W 164TH ST, BROOKPARK, OH 44142-1512
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
$1,470,000
Postle Real Estate Corporation
Postle Properties LLC
Deed
—
Mar 20, 2007
—
Postle Properties LLC
Postle,chris J
Quit Claim Deed
related
$250,000 · Huntington National Bank
Mar 5, 2007
$350,000
Chris J Postle
Sheriff Of Cuyahoga County
Trustees Deed
—
Jun 25, 1997
$625,000
Thermotech Plastic INC
Industrial Investment Co
Grant Deed
$625,000 · Bank One NA
—
—
Postle Properties LLC
—
Deed Of Trust
related
$700,000 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$627,500 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$500,000 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$627,500 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$700,000 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$560,000 · Huntington National Bank
—
—
Postle Properties LLC
—
Deed Of Trust
related
$578,000 · Growth Capital Corp
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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