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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Strip malls
5919 Mayfield Rd 5941 Mayfield Heights, OH 44124-2902
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1257573
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
23,100 SF
Lot
1.27 ac (55,400 SF)
Zoning code
U-4
APN
861-09-045
UPID
US66-1257573
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
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$920k
Owner & transaction history
Dolgen Midwest LLC · 3 yrs held
Dolgen Midwest LLC
since 2023
Last sale
$937,500
7 recorded transactions
Zoning & alternative use
U-4 · 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
Method
Estimation
Statistic approach
$875,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $938k (May 2 2023)
Last sale anchor
$938k
May 2 2023
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
$53,130
Tax year 2023
Assessed value
$587,760
Assessed 2023
Previous assessed
$587,760
+0.0% YoY
Effective rate
9.04%
On assessed value
Assessed land
$193,900
Assessed improvement
$393,860
Land market value
$554,000
Improvement market value
$1,125,300
Total market value
$1,679,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
23,100 SF
Lot
1.27 ac (55,400 SF)
Zoning code
U-4
APN
861-09-045
UPID
US66-1257573
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-4 · Mayfield Heights, OH
Zoning U-4 · permitted uses
U-4 · 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
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Dolgen Midwest LLC
Entity
Free & Clear · 3 yrs held
Mailing address
100 MSN RDG, GOODLETTSVILLE, TN 37072-2171
Ownership since
2023
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
Mar 10, 2026
—
Ld Telecom Propco 2 LLC
—
Deed
related
—
Mar 28, 2024
—
Mayfield Ridge Limited Partnership
—
Deed
related
$1,700,000 · Standard Insurance Co
May 2, 2023
—
Dolgen Midwest LLC
Mayfield Ridge Limited Partnership
Assignment Of Lease (leasehold Sale)
—
Dec 8, 2017
—
Mayfield Ridge LP
—
Deed
related
$1,500,000 · Miscellaneous Ins Co
Aug 6, 2003
—
Sba Properties INC
—
Deed Of Trust
related
$95,000,000 · Ge Capital Corp Trustee
Apr 19, 2002
—
Investment LP Manners
—
Deed Of Trust
related
$3,900,000 · Huntington National Bank
—
—
Sba Properties LLC
—
Loan Modification
related
—
—
—
Ridge Mayfield
—
Deed Of Trust
related
$1,500,000 · Firstmerit Bank NA
—
—
Mayfield Ridge LP
—
Deed Of Trust
related
$1,500,000 · Miscellaneous Ins Co
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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