Financial
Distress signals
Property profile

7984 Olde 8 Rd Northfield, OH 44067

FOR SALE
Office buildings
Property ID
US66-2122945
3,200 SF 0.72 ac lot Built 1975
Last sale Feb 2000 · $188,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Constructed in 1975, this updated professional office building is located in Northfield on a heavily traveled corridor with access to major highways including I-271 and Route 8. The property sits on approximately 0.68 acres and includes an approximately 3,200 SF office space with a flexible interior layout suitable for owner-user or investment use. On-site features include approximately on-site asphalt parking, landscaped grounds, and a private wooded setting. The building is configured for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$82k
Assessed land$30k
Assessed improvement$52k
Effective rate7.05%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 5.82% cap applied$38k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 297 recorded sales of this use type
Observed band · Q1–Q3$47 – $114
Qualifying comparables12

Cap rate analysis

How does the asset earn?
5.82%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUMMIT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.1
Auto Repair Shop14.5
Building Supply13.0

Location

7984 Olde 8 Rd Northfield, OH 44067
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10230 Northfield, Northfield, OH 44067-1419 $950,000 Mar 2024 1,754 SF
8775 Olde 8th, Northfield, OH 44067-2737 $325,000 Jul 2023 4,200 SF
9393-9397 Olde 8th, Northfield, OH 44067 $230,000 Sep 2022 4,045 SF
480 Aurora, Northfield, OH 44067-2199 $700,000 Sep 2022 10,118 SF
10360 Northfield, Northfield, OH 44067-1445 $425,000 Sep 2020 7,308 SF
9821 Olde 8th, Northfield, OH 44067-1468 $930,000 Oct 2019 21,744 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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