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Property profile & analytics
OFF-MARKET
Commercial land
612 Broadway Ave Bedford, OH 44146-3519
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-2548102
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1926
Total area
3,888 SF
Lot
0.29 ac (12,600 SF)
Zoning code
H-D
APN
812-07-007
UPID
US66-2548102
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wra 600 Broadway LLC · 3 yrs held
Wra 600 Broadway LLC
since 2023
Last sale
$425,000
2 recorded transactions
Zoning & alternative use
H-D · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
s CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I-2 Industrial Districts CHAPTER 1943 H-1 Historical Overlay Districts CHAPTER 1944 H-D Historical Downtown District CHAPTER 1945 PRD Planned Residential Developments TITLE NINE - General and Special Provisions OH Bedford Co…
Zone name
Historic Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
17.10 ac
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
—
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
$2,039
Tax year 2023
Assessed value
$19,390
Assessed 2023
Previous assessed
$19,390
+0.0% YoY
Effective rate
10.52%
On assessed value
Assessed land
$19,390
Land market value
$55,400
Total market value
$55,400
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1926
Heating
YES
Stories
1
Total area
3,888 SF
Lot
0.29 ac (12,600 SF)
Zoning code
H-D
APN
812-07-007
UPID
US66-2548102
Jurisdiction
CUYAHOGA
Zoning & alternative use
H-D · Bedford, OHZoning H-D · permitted uses
H-D · Bedford, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
s CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I-2 Industrial Districts CHAPTER 1943 H-1 Historical Overlay Districts CHAPTER 1944 H-D Historical Downtown District CHAPTER 1945 PRD Planned Residential Developments TITLE NINE - General and Special Provisions OH Bedford Codified Ordinances of Bedford, OH CHAPTER 1927 R-2 One and Two-Family Residence Dist
Zone name
Historic Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
17.10 ac
Building & site characteristics
From public records
Year built
1926
Heating
YES
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Wra 600 Broadway LLC
Entity
Free & Clear · 3 yrs held
Mailing address
600 BROADWAY AVE, BEDFORD, OH 44146-3519
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$425,000
Wra 600 Broadway LLC
Data Basics INC
Limited Warranty Deed
—
Mar 29, 2019
$50,000
Data-basics INC
Donald W Applegate Trust
Grant Deed
—
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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