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    1873 E 55Th St Cleveland, OH 44103

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    For Sale
    $498,000

    38,000 sqft mixed-use space in Federal Opportunity Zone.

    Property size:
    38,000 SF
    Lot size:
    11.45 Acres

    Property Features for 1873 E 55Th St

    General Information

    Size
    38,000 SF
    Lot size
    11.45 Acres

    Source: Green Bridge Real Estate Agent John M. Wagner

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

    Overview

    Mixed-Use Redevelopment Opportunity

    This 38,000 sqft mixed-use property is located in the Federal Opportunity Zone and is suitable for redevelopment. The property, accessible from E55 and Hough Ave, features a warehouse in the rear and office space in the front. It presents potential for a multi-tenant or storage development. The warehouse includes a 12x14 overhead door, a fenced-in lot, and heavy power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Garda Architectural Fabrication Metal Fabricator Tomco Metal Fabricating ... Metal Fabricator Heuristic Hub THE Community ... Coworking Space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

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

    Similar Places Nearby

    CubeSmart Self Storage, Records Central, Inc., Owens & Minor - Cleveland Distribution Center

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.651145
    Latitude
    41.507237

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    FAQs

    What type of property is this?
    Warehouse - 38,000 sqft mixed-use space in Federal Opportunity Zone.
    Where is this warehouse located?
    The property is located at 1873 E 55Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: - Located in Federal Opportunity Zone; - 38,000 sqft of mixed-use space offering warehouse and office spaces; - Redevelopment potential
    (216) 469-0030
    Request Owner's contact information
    1873 E 55Th St Cleveland, OH 44103
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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
    1873 E 55Th St Cleveland, OH 44103
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