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Property profile & analytics
FOR LEASE
Office buildings
6801 Brecksville Rd Independence, OH 44131
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2511025
For Lease
1 / 3
Contact for pricing
6801 Brecksville Rd, Independence, OH 44131
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
307,703 SF
Lot
47.05 ac (2,049,398 SF)
Zoning code
U-5
APN
562-11-007
UPID
US66-2511025
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
$68.72M
Comparable Approach
Comparable
$90.52M
Blend (final)
Blend
$66.52M
Owner & transaction history
Cumberland 6801 LLC · 4 yrs held
Cumberland 6801 LLC
since 2022
7 recorded transactions
Zoning & alternative use
U-5 · Independence, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote office building and research laboratory uses
Zone name
Office Building And Research Laboratory District
General category
UNKNOWN
Zone area
446.80 ac
Source
Realmo
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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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%
$74,440,000
6.5%
$68,715,000
7%
$63,805,000
Blend value · Realmo final
$66.52M
Range $59.86M – $73.17M · ±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
$216 / 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
$942,165
Tax year 2023
Assessed value
$16,170,010
Assessed 2023
Previous assessed
$16,170,010
+0.0% YoY
Effective rate
5.83%
On assessed value
Assessed land
$2,112,360
Assessed improvement
$14,057,650
Land market value
$6,035,300
Improvement market value
$40,164,700
Total market value
$46,200,000
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
1958
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
2
Total area
307,703 SF
Lot
47.05 ac (2,049,398 SF)
Zoning code
U-5
APN
562-11-007
UPID
US66-2511025
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-5 · Independence, OHZoning U-5 · permitted uses
U-5 · Independence, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote office building and research laboratory uses
Zone name
Office Building And Research Laboratory District
General category
UNKNOWN
Zone area
446.80 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1958
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
47.05 ac
Current owner
From public records · entity-resolved
Cumberland 6801 LLC
Entity
Mailing address
7100 EUCLID AVE STE #10, CLEVELAND, OH 44103-4037
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Cumberland 6801 LLC
Cleveland Cuyahoga County Port Auth
Quit Claim Deed
related
$19,525,000 · Erie Bank
Nov 9, 2021
—
Cleveland Cliffs Cleveland Works Ll
—
Deed
related
$120,000 · Us Bank NA
Oct 4, 2010
—
Duck Creek Energy INC
—
Deed Of Trust
related
$10,000,000 · Bank Of Oklahoma
Sep 1, 2010
—
Cnty Port A Cleveland-cuyahoga
Independence Research Park LLC
Grant Deed
$46,000,000 · Us Bank NA
Oct 15, 2008
—
Ben Energy INC
—
Deed Of Trust
related
$10,000,000 · Bank Of Oklahoma
Aug 15, 2008
—
Independence Research Park LLC
—
Deed Of Trust
related
$18,000,000 · Home Savings & Loan Youngstown
—
—
Independence Research Park LLC
—
Deed Of Trust
related
$100,000 · Sky Bank
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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