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    3950 Prospect Ave Cleveland, OH 44115

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    For Lease
    $4 SF/Yr ($2,666 /Mo)

    8,000 SF flex space in excellent Midtown location.

    Property size:
    8,000 SF
    Lot size:
    0.47 Acres

    Property Features for 3950 Prospect Ave

    General Information

    Size
    8,000 SF
    Lot size
    0.47 Acres

    Source: Hoff & Leigh Agent Joe Zumpano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown Flex Space Available

    This 8,000 square foot flex space is located in Midtown, at the corner of Prospect Avenue and 40th Street. The property features one overhead door and a freight elevator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mocina Coffee Coffee Wholesaler C.A.S.T.L.E. High School College Castle Community School Community School Great Lakes Fitness ... Gym

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Any Place Catering LLC, Chennai Caters, Sizzle Sauce & Spice, Revel and Elite Catering, Tacontento

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6580064
    Latitude
    41.5019

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    FAQs

    What type of property is this?
    Flex space - 8,000 SF flex space in excellent Midtown location.
    Where is this flex space located?
    The property is located at 3950 Prospect Ave Cleveland, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Excellent Midtown Location; - Corner Lot; - Freight Elevator
    (330) 990-0847
    Request Owner's contact information
    3950 Prospect Ave Cleveland, OH 44115
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    Cleveland, OH 44115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3950 Prospect Ave Cleveland, OH 44115
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