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Property profile & analytics
OFF-MARKET
Commercial land
Smith Rd Brook Park, OH 44142
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-4012312
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.03 ac (1,500 SF)
Zoning code
U3-A5
APN
344-01-127
UPID
US66-4012312
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
Terry D Hugo · 23 yrs held
Terry D Hugo
since 2002
5 recorded transactions
Zoning & alternative use
U3-A5 · Brook Park, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
hereafter establish any adult bookstore, adult picture theater, adult mini-motion picture theater, adult entertainment establishment, or any establishment offering live go-go-dancing performances, in a U-3-A-3, U-3-A-4, U-3-A-5, U-4, U-5 or U-6 zoned district if the proposed location is within 500 feet of a residentially zoned district. This prohibition may…
Zone name
Retail And Commercial
General category
COMMERCIAL
Zone area
57.87 ac
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 Brook Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brook Park 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
$122
Tax year 2023
Assessed value
$1,470
Assessed 2023
Previous assessed
$1,470
+0.0% YoY
Effective rate
8.30%
On assessed value
Assessed land
$1,470
Land market value
$4,200
Total market value
$4,200
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
0.03 ac (1,500 SF)
Zoning code
U3-A5
APN
344-01-127
UPID
US66-4012312
Jurisdiction
CUYAHOGA
Zoning & alternative use
U3-A5 · Brook Park, OHZoning U3-A5 · permitted uses
U3-A5 · Brook Park, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
hereafter establish any adult bookstore, adult picture theater, adult mini-motion picture theater, adult entertainment establishment, or any establishment offering live go-go-dancing performances, in a U-3-A-3, U-3-A-4, U-3-A-5, U-4, U-5 or U-6 zoned district if the proposed location is within 500 feet of a residentially zoned district. This prohibition may be waived upon the presentment to the Planning Commission of a validated petition reque
Zone name
Retail And Commercial
General category
COMMERCIAL
Zone area
57.87 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.03 ac
Current owner
From public records · entity-resolved
Terry D Hugo
Individual
Mailing address
11242 PROSPECT RD, STRONGSVILLE, OH 44149-2920
Ownership since
2002
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 24, 2016
—
Terry D Hugo JR
—
Deed
related
$236,471 · First Nat'l Bk/pa
Dec 10, 2002
$325,000
Terry D Hugo
Mcintyre,linda
Grant Deed
$250,000 · Republic Bank
Nov 19, 2002
—
Linda Mcintyre
Russell Realty Co
Quit Claim Deed
related
—
—
—
Terry D Hugo JR
—
Deed Of Trust
related
$236,471 · First Nat'l Bk/pa
—
—
Terry D Hugo
—
Deed Of Trust
related
$30,000 · Linda Mcintyre
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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