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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Warehouses
605 Bradley Rd, Bay Village, OH 44140-1670
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-1900195
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
TYPE NOT SPECIFIED
Total area
21,909 SF
Lot
8.88 ac (386,983 SF)
APN
202-15-007
UPID
US66-1900195
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
$1.68M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.80M
Owner & transaction history
Bradley Road Holdings Ltd · 12 yrs held
Bradley Road Holdings Ltd
since 2014
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+112.2%
Neighborhood: shopping center
$2.2M
+97.8%
Auto repair, garage
$2.0M
+73.7%
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 Bay Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay Village 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%
$1,820,000
6.5%
$1,680,000
7%
$1,560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,120,000
Current use
MEDICAL BUILDING
$2,380,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,220,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,950,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,815,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$82 / 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
$329,589
Tax year 2023
Assessed value
$3,050,850
Assessed 2023
Previous assessed
$3,050,850
+0.0% YoY
Effective rate
10.80%
On assessed value
Assessed land
$579,010
Assessed improvement
$2,471,840
Land market value
$1,654,300
Improvement market value
$7,062,400
Total market value
$8,716,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
5
Stories
1
Units
46
Rooms
6
Bathrooms
54
Total area
21,909 SF
Lot
8.88 ac (386,983 SF)
APN
202-15-007
UPID
US66-1900195
Jurisdiction
CUYAHOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
46
Rooms
6
Bathrooms
54
Lot
8.88 ac
Current owner
From public records · entity-resolved
Bradley Road Holdings Ltd
Entity
Free & Clear · 12 yrs held
Mailing address
38642 CTR RDG RD, NORTH RIDGEVILLE, OH 44039-5812
Ownership since
2014
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
Feb 14, 2017
—
Bradley Road Holdings Ltd
—
Deed
related
$5,405,400 · Lancaster Pollard Mtg
May 14, 2014
—
Bradley Road Holdings Ltd
Bradley Center Ltd
Quit Claim Deed
related
—
—
—
Bradley Road Holdings Ltd
—
Deed Of Trust
related
$4,129,600 · Lancaster Pollard Mtg
—
—
Bradley Road Holdings Ltd
—
Loan Modification
related
$5,148,000 · Lancaster Pollard Mtg
—
—
Bradley Road Holdings Ltd
—
Loan Modification
related
$257,400 · Lancaster Pollard Mtg
—
—
Bradley Road Holdings Ltd
—
Loan Modification
related
$5,405,400 · Lancaster Pollard Mtg
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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