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Property profile & analytics
OFF-MARKET
Estimated value
$4,680,000
Warehouses
9001 130th St North Royalton, OH 44133-1011
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-2766804
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
65,738 SF
Lot
4.81 ac (209,306 SF)
Zoning code
PUD
APN
481-03-050
UPID
US66-2766804
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
$5.05M
Comparable Approach
Comparable
$5.04M
Blend (final)
Blend
$4.68M
Owner & transaction history
North Royalton Ohio Prop LLC · 13 yrs held
North Royalton Ohio Prop LLC
since 2013
6 recorded transactions
Zoning & alternative use
PUD · North Royalton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.1M
+112.2%
Neighborhood: shopping center
$6.7M
+97.8%
Apartment house (5+ units)
$6.1M
+82.1%
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 North Royalton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Royalton 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%
$5,465,000
6.5%
$5,045,000
7%
$4,685,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,365,000
Current use
MEDICAL BUILDING
$7,145,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,660,000
Change: +98% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,130,000
Change: +82% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,850,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,450,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$4.68M
Range $4.21M – $5.15M · ±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
$71 / 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
$193,579
Tax year 2023
Assessed value
$2,660,000
Assessed 2023
Previous assessed
$3,185,000
-16.5% YoY
Effective rate
7.28%
On assessed value
Assessed land
$586,040
Assessed improvement
$2,073,960
Land market value
$1,674,400
Improvement market value
$5,925,600
Total market value
$7,600,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
3
Stories
3
Units
225
Total area
65,738 SF
Lot
4.81 ac (209,306 SF)
Zoning code
PUD
APN
481-03-050
UPID
US66-2766804
Jurisdiction
CUYAHOGA
Zoning & alternative use
PUD · North Royalton, OH
Zoning PUD · permitted uses
PUD · North Royalton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Royalton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1979
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
3
Units
225
Lot
4.81 ac
Current owner
From public records · entity-resolved
North Royalton Ohio Prop LLC
Entity
Mailing address
23700 COMMERCE PARK, BEACHWOOD, OH 44122-5827
Ownership since
2013
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
May 16, 2013
$14,350,000
North Royalton Ohio Prop LLC
Diplomate Land Holdings LLC
Grant Deed
—
Feb 15, 2008
$10,200,000
Diplomate Land Holdings LLC
Spartan House Ltd
Deed Of Trust
related
$9,180,000 · Citizens Federal Bank Fsb
Apr 22, 1999
—
Spartan House Ltd
Gaitanaros Trust
Grant Deed
related
—
—
—
Diplomate Land Holdings LLC
—
Deed Of Trust
related
$334,636 · Citizens Federal Bank Fsb
—
—
Diplomate Land Holdings LLC
—
Deed Of Trust
related
$500,000 · Thomas E Bartlebaugh
—
—
Diplomate Land Holdings LLC
—
Deed Of Trust
related
$500,000 · Stephen M Krutowsky
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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