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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7005 Stadium Dr Brecksville, OH 44141-1800

    • Assisted living facilities
    • 1,344 SF
    • 4.87 lot acres
    OFF-MARKET
    Last Sale
    Apr 16, 2024
    $342,361
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-5729117
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 7005 Stadium Dr

    Year built
    1953
    Lot size
    4.87 lot acres
    Property size
    1,344 SF
    Zone code
    C-F
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    601-30-022
    APU
    60130022

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brecksville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6287
    Latitude
    41.3218
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $102,692
    $507,920
    $738,960
    $1,246,880
    -
    $1,451,200
    $2,111,300
    $3,562,500

    Comparable in this City

    • Value Estimation
      $1,880,000
      80,559 SF

      8736 Brecksville Rd

      HOMES (RETIRED, NURSING) • 80,559 SF
      8736 Brecksville Rd, Brecksville, OH 44141-1953
      View Details
    • Value Estimation
      $1,235,000
      50,117 SF

      8757 Brecksville Rd

      HOMES (RETIRED, NURSING) • 50,117 SF
      8757 Brecksville Rd, Brecksville, OH 44141-1919
      View Details
    • Value Estimation by Request

      8223 Brecksville Rd

      Office space
      8223 Brecksville Rd, Brecksville, OH 44141
      View Details
    • Value Estimation
      $590,000
      5,993 SF

      6255 Old Royalton Rd

      MEDICAL BUILDING • 5,993 SF
      6255 Old Royalton Rd, Brecksville, OH 44141-1857
      View Details
    • Value Estimation by Request
      7.00 Acres

      Katherine Blvd

      Research & development properties • 7.00 Acres
      0 Katherine Blvd, Brecksville, OH 44141
      View Details
    • Value Estimation by Request
      6.58 Acres

      Edgerton Rd

      INDUSTRIAL - VACANT LAND • 6.58 Acres
      Edgerton Rd, Brecksville, OH 44141
      View Details

    Similar Nearby for Sale

    • $1,499,900
      8,800 SF

      Brecksville Retail Center - Prime Location

      Established strip center, high visibility, I-77 access.
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    • Contact for pricing
      60,720 SF

      Two-Building Office Park in Brecksville

      Office park with convenient access, ample parking, and flexible options.
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    • Contact for pricing
      2.01 Acres

      Rare Brecksville Land Parcel

      2-acre land parcel in Brecksville, perfect for a dream home.
      10585 Whitewood Rd, Brecksville, OH 44141
      View Details
    • Contact for pricing
      7.00 Acres

      Brecksville Business Park: 7 Acres

      7-acre Ohio office/lab land, I-77 access.
      0 Katherine Blvd, Brecksville, OH 44141
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    • $650,000

      Industrial Land with Freeway Visibility

      5.82-acre site with I-77 exposure and convenient interstate access.
      9225 Noble Park Dr, Brecksville, OH 44141
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    • Contact for pricing

      Developable Land I-77 Frontage

      11 acres of developable land with I-77 frontage.
      6530 Miller Rd, Brecksville, OH 44141
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    Similar Nearby for Lease

    • Contact for pricing
      37,616 SF

      Treeline Business Park: Flex Space Available

      Brecksville, OH: Modern Flex/Warehouse Space
      6935 Treeline Dr, Brecksville, OH 44141
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    • Contact for pricing
      7,800 SF

      Brecksville Flex Space Available

      Flex space with office, industrial, and call center options.
      6930 Treeline Dr, Brecksville, OH 44141
      View Details
    • $16 SF/Yr
      123,500 SF

      Brecksville Retail Space Available

      Prime Brecksville retail space, multiple units.
      7500-7790 Brecksville Rd, Brecksville, OH 44141
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    • $12 SF/Yr
      10,963 SF

      Office Space with Highway Visibility

      Office spaces for lease with highway visibility and easy access.
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    • Contact for pricing
      95,576 SF

      Brecksville Warehouse/Distribution Space Available

      95,576 SF warehouse/distribution space with easy highway access.
      6100 W Snowville Rd, Brecksville, OH 44141
      View Details
    • $700 /Mo
      61,855 SF

      Brecksville Office Space for Lease

      563 sq ft office suite with three private offices.
      8748 Brecksville Rd, Brecksville, OH 44141
      View Details
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    7005 Stadium Dr
    Brecksville, OH 44141-1800
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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