Commercial Auto
New
For Sale
$400,000
14000 Saint Clair Avenue, Cleveland, OH 44110
Commercial zoning supports a range of automotive service operations.
Property Size2,440 SF
Days on Market5
Property Features for 14000 Saint Clair Avenue
General Information
Standard status
Active
Size
2,440 SF
Zoning
Commercial
Site & Location
Neighborhood
Collinwood
Additional Details
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$3,017
Amenities
true
false
Public
0.6485
Public Records
Paved,Parking Lot
2440
Building Details
Building Size
2,440 SF
Year Built
1949
Listing Agency:
Russell Real Estate Services
(304) 501-5212
Listed By:
Patrick Lucey
Source:
Karenullomrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services
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Investment Insights
Based on property information with market context.
This auto shop includes a paved parking lot and was built in 1949. Its commercial zoning supports automotive service use.
Key Highlights
- Built in 1949
- Paved parking lot
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,442
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,840
$468.8K
Cap Rate 7%
$334,886
$334.9K
Cap Rate 9%
$260,467
$260.5K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$36.6K $15.00/SF
− Vacancy
−$3.1K −$1.28/SF
EGI
$33.5K $13.73/SF
− OpEx
−$10.0K −$4.12/SF
NOI
$23.4K $9.61/SF
Area
Cleveland, OH
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,840
Cap Rate 7%
$334,886
Cap Rate 9%
$260,467
Alternative Uses
Best Use
Retail
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$143.2K
$125.3K – $167.1K
NOI $10,024 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$595.4K
$521.0K – $694.7K
NOI $41,681 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44110, OH
17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Cleveland, OH
Similar Off Market Nearby
- Moe's Tire Center — 1410 Hayden Ave, East Cleveland, OH 44112
- OTM Auto & Diesel Solutions — 12527 Shaw Ave, Cleveland, OH 44108
- Moore's Towing — cleveland, oh 44108
- Robert & Landon Auto Shop — 13907 Elm Ave, East Cleveland, OH 44112
- Discount Auto Body — 1278 Hayden Ave, Cleveland, OH 44112
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial zoning supports a range of automotive service operations.
Where is this auto shop located?
The property is located at 14000 Saint Clair Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Built in 1949; Paved parking lot; Commercial zoning
