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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Grocery and convenience stores
7510 Chippewa Rd, Brecksville, OH 44141-2308
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1508119
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1962
Construction
TYPE NOT SPECIFIED
Total area
30,998 SF
Lot
2.78 ac (121,135 SF)
Zoning code
S-C
APN
606-28-004
UPID
US66-1508119
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
$2.70M
Blend (final)
Blend
$2.55M
Owner & transaction history
Mission Broadcasting INC · 15 yrs held
Mission Broadcasting INC
since 2010
6 recorded transactions
Zoning & alternative use
S-C · Brecksville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.4M
+69.5%
Neighborhood: shopping center
$3.1M
+58.1%
Auto repair, garage
$2.8M
+38.8%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,985,000
Current use
MEDICAL BUILDING
$3,370,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,140,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,760,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,570,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,295,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±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
$82 / 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
$68,521
Tax year 2023
Assessed value
$830,130
Assessed 2023
Previous assessed
$830,130
+0.0% YoY
Effective rate
8.25%
On assessed value
Assessed land
$423,990
Assessed improvement
$406,140
Land market value
$1,211,400
Improvement market value
$1,160,400
Total market value
$2,371,800
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
30,998 SF
Lot
2.78 ac (121,135 SF)
Zoning code
S-C
APN
606-28-004
UPID
US66-1508119
Jurisdiction
CUYAHOGA
Zoning & alternative use
S-C · Brecksville, OH
Zoning S-C · permitted uses
S-C · 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
RETAIL STORES Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1962
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.78 ac
Current owner
From public records · entity-resolved
Mission Broadcasting INC
Entity
Mailing address
7650 CHIPPEWA RD, BRECKSVILLE, OH 44141-2316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2010
—
Mission Broadcasting INC
—
Deed Of Trust
related
$325,000,000 · Bank Of Ny Mellon
Jan 7, 2010
—
Mission Broadcasting INC
—
Deed Of Trust
related
$220,000,000 · Bank Of America
—
—
Brecksville Shopping Center
—
Deed Of Trust
related
$250,000 · Keybank Nat'l Assn/edgewood
—
—
Brecksville Shopping Ctr Ltd
—
Deed Of Trust
related
$850,000 · Keybank USA
—
—
Brecksville Shopping Center Lt
—
Loan Modification
related
$500,000 · Keybank USA
—
—
Brecksville Shopping Center Lt
—
Loan Modification
related
$483,816 · Keybank USA
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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