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Property profile & analytics
OFF-MARKET
Medical Office Space
7856 Brookside Dr Olmsted Falls, OH 44138-1653
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1994100
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1952
Construction
TYPE NOT SPECIFIED
Total area
4,413 SF
Lot
0.42 ac (18,500 SF)
Zoning code
P-1
APN
281-17-016
UPID
US66-1994100
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
Blackstone 20 LLC · 5 yrs held
Blackstone 20 LLC
since 2021
Last sale
$315,000
5 recorded transactions
Zoning & alternative use
P-1 · Olmsted Falls, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To establish the P-1 Professional and Medical Districts to accommodate those professional, institutional, medical, educational, or administrative uses which are neither residential nor commercial in nature
Zone name
Professional And Medical District
General category
CIVIC_INSTITUTIONAL
Zone area
10.01 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 Olmsted Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olmsted Falls 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
$9,864
Tax year 2023
Assessed value
$110,250
Assessed 2023
Previous assessed
$110,250
+0.0% YoY
Effective rate
8.95%
On assessed value
Assessed land
$20,580
Assessed improvement
$89,670
Land market value
$58,800
Improvement market value
$256,200
Total market value
$315,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1952
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
4,413 SF
Lot
0.42 ac (18,500 SF)
Zoning code
P-1
APN
281-17-016
UPID
US66-1994100
Jurisdiction
CUYAHOGA
Zoning & alternative use
P-1 · Olmsted Falls, OHZoning P-1 · permitted uses
P-1 · Olmsted Falls, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To establish the P-1 Professional and Medical Districts to accommodate those professional, institutional, medical, educational, or administrative uses which are neither residential nor commercial in nature
Zone name
Professional And Medical District
General category
CIVIC_INSTITUTIONAL
Zone area
10.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Blackstone 20 LLC
Entity
Mailing address
7856 BROOKSIDE DR, OLMSTED FALLS, OH 44138-1653
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
$315,000
Blackstone 20 LLC
Magnificent Home Solutions INC
Warranty Deed
—
Mar 30, 2015
—
Magnificent Home Solutions INC
Township Partners
Warranty Deed
related
$433,313 · Firstmerit Bk
—
—
Township Partners
—
Deed Of Trust
related
$375,000 · Huntington National Bank
—
—
Township Partners
—
Deed Of Trust
related
$250,000 · Firstmerit Bank NA
—
—
Township Partners
—
Deed Of Trust
related
$350,000 · Huntington National 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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