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Property profile & analytics
OFF-MARKET
Commercial land
6890 Pearl Rd Middleburg Heights, OH 44130-3615
Trust Owned
Free & Clear
Property ID
US66-6205730
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1961
Total area
4,800 SF
Lot
0.77 ac (33,750 SF)
Zoning code
GB
APN
372-18-029
UPID
US66-6205730
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
Pearl Road Land Trust
Pearl Road Land Trust
since 2025
2 recorded transactions
Zoning & alternative use
GB · Middleburg Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The general business district provides areas for a variety of business establishments engaged in retail sales, services, office, medical, recreation and other related permitted land uses serving both a local and regional market.
Zone name
General Business
General category
COMMERCIAL
Zone area
389.23 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 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
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
$5,661
Tax year 2023
Assessed value
$65,000
Assessed 2023
Previous assessed
$65,000
+0.0% YoY
Effective rate
8.71%
On assessed value
Assessed land
$65,000
Land market value
$185,700
Total market value
$185,700
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
1961
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
4,800 SF
Lot
0.77 ac (33,750 SF)
Zoning code
GB
APN
372-18-029
UPID
US66-6205730
Jurisdiction
CUYAHOGA
Zoning & alternative use
GB · Middleburg Heights, OHZoning GB · permitted uses
GB · Middleburg Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The general business district provides areas for a variety of business establishments engaged in retail sales, services, office, medical, recreation and other related permitted land uses serving both a local and regional market.
Zone name
General Business
General category
COMMERCIAL
Zone area
389.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.77 ac
Current owner
From public records · entity-resolved
Pearl Road Land Trust
Trust
Free & Clear · 0 yrs held
Mailing address
6900 PEARL RD, MIDDLEBURG HEIGHTS, OH 44130-3639
Ownership since
2025
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
Oct 27, 2025
$225,000
Pearl Road Land Trust
Pearl Professional Realty LLC
Warranty Deed
—
Oct 16, 2006
$325,000
Pearl Professional Realty LLC
Faroh Candies INC
Warranty Deed
$329,257 · Peoples Bank & Trust
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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