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Property profile & analytics
FOR LEASE
Office buildings
6860 W Snowville Rd, Brecksville, OH 44141
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0179606
For Lease
1 / 2
$5,315,000
6860 W Snowville Rd, Brecksville, OH 44141
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
TYPE NOT SPECIFIED
Total area
28,532 SF
Lot
6.48 ac (282,138 SF)
Zoning code
M-D
APN
604-27-009
UPID
US66-0179606
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
$6.37M
Comparable Approach
Comparable
$5.81M
Blend (final)
Blend
$5.32M
Owner & transaction history
Drees Company · 5 yrs held
Drees Company
since 2021
7 recorded transactions
Zoning & alternative use
M-D · Brecksville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+4.3%
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 Brecksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brecksville 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%
$6,900,000
6.5%
$6,370,000
7%
$5,915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,615,000
Current use
RESTAURANT
$4,815,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±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
$186 / 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
$100,604
Tax year 2023
Assessed value
$1,218,420
Assessed 2023
Previous assessed
$1,218,420
+0.0% YoY
Effective rate
8.26%
On assessed value
Assessed land
$158,690
Assessed improvement
$1,059,730
Land market value
$453,400
Improvement market value
$3,027,800
Total market value
$3,481,200
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
1997
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
28,532 SF
Lot
6.48 ac (282,138 SF)
Zoning code
M-D
APN
604-27-009
UPID
US66-0179606
Jurisdiction
CUYAHOGA
Zoning & alternative use
M-D · Brecksville, OH
Zoning M-D · permitted uses
M-D · Brecksville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brecksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.6M
RESTAURANT
Est. value
$4.8M
OFFICE BUILDING Current
RESTAURANT
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
1997
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
6.48 ac
Current owner
From public records · entity-resolved
Drees Company
Entity
Free & Clear · 5 yrs held
Mailing address
6055 ROCKSIDE WOODS BLVD N STE #100, INDEPENDENCE, OH 44131-2317
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Rc Investors Ltd
—
Deed
related
$5,275,000 · Columbia State Bank
Jan 6, 2021
$90,300
Drees Company
Lipovits Construction INC
Warranty Deed
—
Nov 16, 2020
$90,300
Drees Company
Lipovits Construction INC
Warranty Deed
—
Oct 26, 2020
$125,900
Dress Co
Woodhill Properties INC
Warranty Deed
—
Oct 23, 2020
$310,000
Drees Company
Crocker Road II LLC
Warranty Deed
—
Sep 29, 2009
—
Rc Investors Ltd
—
Deed Of Trust
related
$3,750,000 · First Fed'l S & L Assn Lakewoo
Jan 23, 2007
—
Rc Investors Ltd
Orion Associates Ltd
Quit Claim Deed
related
—
Jul 26, 2002
—
Orion Associates Ltd
—
Deed Of Trust
related
$4,100,000 · Thrivent Financial Lutherans
Apr 23, 1997
$365,000
Orion Associates
Carol S Lichtig Trustee
Grant Deed
—
—
—
Rc Investors Ltd
—
Deed Of Trust
related
$8,750,000 · Life Insurance Of Southwest
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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