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Property profile & analytics
OFF-MARKET
Estimated value
$9,070,000
Office buildings
5875 Landerbrook Dr Mayfield Heights, OH 44124-6511
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-2596288
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
TYPE NOT SPECIFIED
Total area
94,673 SF
Lot
4.33 ac (188,615 SF)
Zoning code
U-7
APN
861-29-011
UPID
US66-2596288
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.07M
Owner & transaction history
Km Investments LLC · 12 yrs held
Km Investments LLC
since 2013
7 recorded transactions
Zoning & alternative use
U-7 · Mayfield 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 Mayfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mayfield 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
$96 / 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
$291,558
Tax year 2023
Assessed value
$3,225,400
Assessed 2023
Previous assessed
$3,225,400
+0.0% YoY
Effective rate
9.04%
On assessed value
Assessed land
$396,100
Assessed improvement
$2,829,300
Land market value
$1,131,700
Improvement market value
$8,083,700
Total market value
$9,215,400
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
1991
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
94,673 SF
Lot
4.33 ac (188,615 SF)
Zoning code
U-7
APN
861-29-011
UPID
US66-2596288
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-7 · Mayfield Heights, OH
Zoning U-7 · permitted uses
U-7 · Mayfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mayfield Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
4.33 ac
Current owner
From public records · entity-resolved
Km Investments LLC
Entity
Mailing address
3201 ENTERPRISE PKWY STE #150, BEACHWOOD, OH 44122-7329
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2018
—
Landerbrook Point LLC
—
Deed
related
$3,186,000 · Civista Bk
Aug 1, 2017
—
Landerbrook Point II LLC
—
Deed
related
$700,000 · Civista Bk
Aug 15, 2013
$7,500,000
Km Investments LLC
Everest Gates Mills LP
Grant Deed
$2,000,000 · Everest Properties II LLC
Jul 31, 2013
—
Landerbrook Point LLC
Sandusco Landerbrook LLC
Quit Claim Deed
related
—
Dec 19, 2007
$11,900,000
Landerbrook Point LLC
Landerbrook-point 6 LLC
Grant Deed
related
$10,000 · National City Bank
—
—
Landerbrook Point LLC
—
Deed Of Trust
related
$8,900,000 · Bankchampaign
—
—
Landerbrook Point II LLC
—
Deed Of Trust
related
$700,000 · Civista Bk
—
—
Landerbrook Point LLC
—
Deed Of Trust
related
$3,186,000 · Civista 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.
Try Rey
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