Property profile

647 Broadway Ave Bedford, OH 44146

OFF-MARKET
Warehouses
Property ID
US66-6275630
12,762 SF 1.03 ac lot Built 1958
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction TYPE NOT SPECIFIED
Total area 12,762 SF
Lot 1.03 ac (44,831 SF)
Zoning code H-D
APN 812-13-043
UPID US66-6275630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Bank Credit Union
  • Gas Station
  • Electronics Vending Machine
  • Law Firm

Location

647 Broadway Ave Bedford, OH 44146-3504
Bedford metro Census 132200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2024
Last sale
$1.1M
5 recorded transactions
2024
$1.1M
2021
Price N/A
2021
$1.4M
2018
$200,000
2005
$870,400

Zoning & alternative use

H-D · Bedford, OH
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…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $1.7M +138.2%
Medical building $1.4M +90.8%
Neighborhood: shopping center $1.3M +77.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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