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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Office buildings
9200 Midwest Ave Garfield Heights, OH 44125-2416
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-0997732
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
7,320 SF
Lot
3.02 ac (131,682 SF)
Zoning code
U-11B
APN
542-12-001
UPID
US66-0997732
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
$825k
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.22M
Owner & transaction history
Ohio Beverage Properties LLC · 13 yrs held
Ohio Beverage Properties LLC
since 2013
2 recorded transactions
Zoning & alternative use
U-11B · Garfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Garfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garfield Heights 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
$825,000
CAP Approach
CAP Return
Estimation
6%
$1,770,000
6.5%
$1,635,000
7%
$1,520,000
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$166 / 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
$41,703
Tax year 2023
Assessed value
$361,280
Assessed 2023
Previous assessed
$361,280
+0.0% YoY
Effective rate
11.54%
On assessed value
Assessed land
$57,650
Assessed improvement
$303,630
Land market value
$164,700
Improvement market value
$867,500
Total market value
$1,032,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
7,320 SF
Lot
3.02 ac (131,682 SF)
Zoning code
U-11B
APN
542-12-001
UPID
US66-0997732
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-11B · Garfield Heights, OH
Zoning U-11B · permitted uses
U-11B · Garfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garfield Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Lot
3.02 ac
Current owner
From public records · entity-resolved
Ohio Beverage Properties LLC
Entity
Mailing address
9200 MIDWEST AVE, GARFIELD HEIGHTS, OH 44125-2416
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2013
$670,000
Ohio Beverage Properties LLC
Oh Mortgage Fund Feeder LLC
Grant Deed
$603,000 · Us Bank NA
Dec 11, 2007
—
Oh Mortgage Fund Feeder LLC
Commingled Pension Trust Fund
Warranty Deed
related
—
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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