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Property profile & analytics
OFF-MARKET
Commercial land
80 Lou Groza Blvd Berea, OH 44017-1238
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-4221602
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.47 ac (20,508 SF)
Zoning code
GI
APN
371-02-012
UPID
US66-4221602
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
BEREA CITY
BEREA CITY
Zoning & alternative use
GI · Berea, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GI General Industrial Zoning District City of Berea, Ohio Zoning Code June 6, 2012 98 The GI General Industrial zoning district is established for certain commercial services, manufacturing, industrial and related uses which, although not compatible with Residential or Commercial Districts, can conform to high performance and site development standards and w…
Zone name
General Industry
General category
INDUSTRIAL
Zone area
103.58 ac
Source
City of Berea, Ohio
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 Berea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berea 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
$2,636
Tax year 2023
Assessed value
$31,570
Assessed 2023
Previous assessed
$31,570
+0.0% YoY
Effective rate
8.35%
On assessed value
Assessed land
$31,570
Land market value
$90,200
Total market value
$90,200
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
Heating
NONE
Lot
0.47 ac (20,508 SF)
Zoning code
GI
APN
371-02-012
UPID
US66-4221602
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Berea, OHZoning GI · permitted uses
GI · Berea, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GI General Industrial Zoning District City of Berea, Ohio Zoning Code June 6, 2012 98 The GI General Industrial zoning district is established for certain commercial services, manufacturing, industrial and related uses which, although not compatible with Residential or Commercial Districts, can conform to high performance and site development standards and whose activities are located and carried out both inside and outside of within enclosed buildin gs except for accessory off- street parking and off- street loading requirements.
Zone name
General Industry
General category
INDUSTRIAL
Zone area
103.58 ac
Source
City of Berea, Ohio
Building & site characteristics
From public records
Heating
NONE
Lot
0.47 ac
Current owner
From public records · entity-resolved
BEREA CITY
Individual
Free & Clear · 0 yrs held
Mailing address
EASTLAND RD, MIDDLEBURG HEIGHTS, OH 44130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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