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Property profile & analytics
OFF-MARKET
Estimated value
$21,815,000
Manufacturing properties
5801 Lee S Rd Maple Heights, OH 44137
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-2249578
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
350,592 SF
Lot
53 ac (2,308,680 SF)
Zoning code
O/I
APN
786-17-003
UPID
US66-2249578
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
$22.16M
Comparable Approach
Comparable
$26.87M
Blend (final)
Blend
$21.82M
Owner & transaction history
Sd Maple Hts Fndg Co LLC · 6 yrs held
Sd Maple Hts Fndg Co LLC
since 2019
6 recorded transactions
Zoning & alternative use
O/I · Maple Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Maps – City of Maple Heights
Top alternative use upside
Neighborhood: shopping center
$35.5M
+134.9%
Auto repair, garage
$31.2M
+106.3%
Commercial (general)
$29.1M
+92.2%
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 Maple Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,005,000
6.5%
$22,160,000
7%
$20,575,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$15,120,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$35,515,000
Change: +135% · Conversion: Difficult
AUTO REPAIR, GARAGE
$31,190,000
Change: +106% · Conversion: Easy
COMMERCIAL (GENERAL)
$29,055,000
Change: +92% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$25,940,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$21.82M
Range $19.63M – $24.00M · ±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
$62 / 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
$709,266
Tax year 2023
Assessed value
$6,697,250
Assessed 2023
Previous assessed
$6,697,250
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$403,410
Assessed improvement
$6,293,840
Land market value
$1,152,600
Improvement market value
$17,982,400
Total market value
$19,135,000
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
1968
Heating
NONE
Stories
1
Total area
350,592 SF
Lot
53 ac (2,308,680 SF)
Zoning code
O/I
APN
786-17-003
UPID
US66-2249578
Jurisdiction
CUYAHOGA
Zoning & alternative use
O/I · Maple Heights, OHZoning O/I · permitted uses
O/I · Maple Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Maps – City of Maple Heights
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$15.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$35.5M
AUTO REPAIR, GARAGE
Est. value
$31.2M
COMMERCIAL (GENERAL)
Est. value
$29.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$25.9M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1968
Heating
NONE
Stories
1
Lot
53 ac
Current owner
From public records · entity-resolved
Sd Maple Hts Fndg Co LLC
Entity
Mailing address
68 S SERVICE RD STE #120, MELVILLE, NY 11747-2350
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2019
$20,861,117
Sd Maple Hts Fndg Co LLC
Nl Ventures X Granite LLC
Trustees Deed
$130,358,000 · Goldman Sachs Bk USA
Aug 30, 2018
$19,135,000
Nl Ventures X Granite LLC
Rockside Distribution Ctr Co
Grant Deed
—
Dec 27, 2017
—
Rockside Distribution Center C
—
Deed
related
$4,000,000 · Chemical Bk
Jul 2, 1997
—
Rockside Distribution Ctr Co
—
Deed Of Trust
related
$3,000,000 · Comerica Bank
—
—
Rockside Distribution Ctr Co
—
Deed Of Trust
related
$2,130,000 · Comerica Bank
—
—
Rockside Distribution Center C
—
Deed Of Trust
related
$4,000,000 · Chemical Bk
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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