The Finley on Pearl Apartment
For Sale
Contact for pricing
Pending
4755 Pearl Rd, Cleveland, OH 44109
Vacant multifamily property with approved zoning and plans for redevelopment in Cleveland, Ohio.
Property Size23,046 SF
Days on Market264
Property Features for 4755 Pearl Rd
General Information
Standard status
Pending
Size
23,046 SF
Property subtype
Multifamily
Building Details
Units
35
Listing Agency:
Adams Lynch Associates
(216) 862-5616
Listed By:
Nick Soeder · License #BRKP.2011002507
Source:
Crexi
Added: Dec 10, 2025
Changed: Aug 29
Last Checked: Aug 31 at 4:34AM
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 Adams Lynch Associates
Investment Insights
Based on property information with market context.
The Finley on Pearl is a vacant apartment property comprising 23,046 square feet. The asset is currently offline and is positioned for redevelopment under approved zoning and project plans, providing an established framework for repositioning the existing property.
Located at 4755 Pearl Rd in Cleveland, Ohio, the property includes a 15-year tax abatement associated with the approved redevelopment program. Current underwriting indicates a projected stabilized Year 1 capitalization rate of 10.1%, while the property’s stated redevelopment cost estimate has been excluded from this summary.
Located at 4755 Pearl Rd in Cleveland, Ohio, the property includes a 15-year tax abatement associated with the approved redevelopment program. Current underwriting indicates a projected stabilized Year 1 capitalization rate of 10.1%, while the property’s stated redevelopment cost estimate has been excluded from this summary.
Key Highlights
- 23,046‑square‑foot vacant apartment property
- Full city approvals in place for zoning and redevelopment plans
- 15‑year tax abatement included with the redevelopment program
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Demographics for 44109, OH
39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant multifamily property with approved zoning and plans for redevelopment in Cleveland, Ohio.
Where is this apartment building located?
The property is located at 4755 Pearl Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 23,046‑square‑foot vacant apartment property; Full city approvals in place for zoning and redevelopment plans; 15‑year tax abatement included with the redevelopment program
