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Property profile & analytics
FOR LEASE
Office buildings
6745 Engle Rd, Middleburg Heights, OH 44130
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-1439349
For Lease
$198 SF/Yr
6745 Engle Rd, Middleburg Heights, OH 44130
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
28,368 SF
Lot
2.49 ac (108,682 SF)
Zoning code
OB
APN
371-17-034
UPID
US66-1439349
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
$4.60M
Comparable Approach
Comparable
$4.16M
Blend (final)
Blend
$3.29M
Owner & transaction history
Airport Executive Park LLC · 12 yrs held
Airport Executive Park LLC
since 2014
5 recorded transactions
Zoning & alternative use
OB · Middleburg 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 Middleburg Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,980,000
6.5%
$4,595,000
7%
$4,265,000
Blend value · Realmo final
$3.29M
Range $2.96M – $3.62M · ±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
$116 / 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
$91,609
Tax year 2023
Assessed value
$1,090,890
Assessed 2023
Previous assessed
$1,090,890
+0.0% YoY
Effective rate
8.40%
On assessed value
Assessed land
$48,620
Assessed improvement
$1,042,270
Land market value
$138,900
Improvement market value
$2,977,900
Total market value
$3,116,800
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
For Lease
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
28,368 SF
Lot
2.49 ac (108,682 SF)
Zoning code
OB
APN
371-17-034
UPID
US66-1439349
Jurisdiction
CUYAHOGA
Zoning & alternative use
OB · Middleburg Heights, OH
Zoning OB · permitted uses
OB · Middleburg Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middleburg Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Airport Executive Park LLC
Entity
Free & Clear · 12 yrs held
Mailing address
ENGLE REAR REAR, MIDDLEBURG HEIGHTS, OH 44130
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2024
—
Airport Executive Park LLC
—
Deed
related
$3,500,000 · The Huntington National Bank
Apr 15, 2014
—
Airport Executive Park LLC
Amsdell & Amsdell
Grant Deed
related
—
Feb 4, 2014
—
Amsdell
Amsdell & Amsdell
Quit Claim Deed
related
—
Mar 5, 2012
—
Amsdell
—
Deed Of Trust
related
$14,800,000 · Thrivent Financial For Luthera
Jan 27, 2012
—
Amsdell
Amsdell Robert J
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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