New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Office buildings
5800 Harper Rd, Solon, OH 44139-1833
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2540817
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
TYPE NOT SPECIFIED
Total area
14,880 SF
Lot
10.31 ac (449,103 SF)
Zoning code
I-2
APN
951-26-012
UPID
US66-2540817
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
$3.33M
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.85M
Owner & transaction history
Premier 5800 Harper LLC · 2 yrs held
Premier 5800 Harper LLC
since 2024
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
I-2 · Solon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+16.8%
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 Solon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solon 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%
$3,600,000
6.5%
$3,325,000
7%
$3,085,000
Alternative Use
Use
Estimation
RESTAURANT
$2,510,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$3.85M
Range $3.47M – $4.24M · ±10% · vs last sale $4.90M (Mar 24 2024)
Last sale anchor
$4.90M
Mar 24 2024
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
$259 / 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
$92,876
Tax year 2023
Assessed value
$1,019,520
Assessed 2023
Previous assessed
$1,019,520
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$277,870
Assessed improvement
$741,650
Land market value
$793,900
Improvement market value
$2,119,000
Total market value
$2,912,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
14,880 SF
Lot
10.31 ac (449,103 SF)
Zoning code
I-2
APN
951-26-012
UPID
US66-2540817
Jurisdiction
CUYAHOGA
Zoning & alternative use
I-2 · Solon, OH
Zoning I-2 · permitted uses
I-2 · Solon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.5M
RESTAURANT
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
1975
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
10.31 ac
Current owner
From public records · entity-resolved
Premier 5800 Harper LLC
Entity
Mailing address
5800 HARPER RD #100, SOLON, OH 44139-1833
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$4,900,000
Premier 5800 Harper LLC
Bardons & Oliver INC
Limited Warranty Deed
$4,200,000 · S & T Bank
Apr 22, 2024
—
Bardons & Oliver INC
—
Deed
related
$1,750,000 · Industrial Finance LLC
Jan 3, 2019
—
Bardons & Oliver INC
—
Deed
related
$141,465 · Keybank USA
Sep 28, 2016
—
Bardons & Oliver INC
—
Deed
related
$5,101,855 · Keybank USA
Nov 30, 2011
—
Bardons & Oliver INC
—
Deed Of Trust
related
$4,500,000 · Keybank USA
Nov 26, 2008
—
Bardons & Oliver INC
—
Deed Of Trust
related
$6,605,000 · Huntington National Bank
—
—
Bardons & Oliver INC
—
Deed Of Trust
related
$141,465 · Keybank USA
—
—
Bardons & Oliver INC
—
Deed Of Trust
related
$5,000,000 · First Bk
—
—
Bardons & Oliver INC
—
Loan Modification
related
$5,101,855 · Keybank USA
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 5800 Harper 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.
