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    4821 Superior Ave Cleveland, OH 44103

    For Sale
    $1,750,000

    Historic building, prime location, 24,543 SF

    Property size:
    24,543 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Cleveland, Ohio industrial property, located at 4821 Superior Avenue, presents a unique investment opportunity. The 24,543 square foot building, constructed in 1902, is classified as Class C and features one building with three stories. The property sits on a 10,988 square foot lot and is zoned SI. With a 9-foot ceiling height, the space offers versatile potential for various uses, including distribution and warehousing. The asking price is $1,750,000, translating to $71.30 per square foot. Its prime location in Cleveland's bustling city center offers high visibility and easy accessibility. The building's rich history adds character and charm, making it ideal for businesses seeking a unique and centrally located space. The property's adaptable layout allows for a blend of office and warehouse areas, catering to diverse business needs. This is a rare chance to acquire a piece of Cleveland's history while benefiting from its strategic location. The Cuyahoga County property's APN is 104-09-016.

    Property Features for 4821 Superior Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    24,543 SF
    Class
    C

    Building Details

    Year Built
    1902
    Buildings
    1
    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6569001
    Latitude
    41.5163437

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    FAQs

    What type of property is this?
    Distribution property - Historic building, prime location, 24,543 SF
    Where is this distribution property located?
    The property is located at 4821 Superior Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $1,750,000.
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    4821 Superior Ave 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
    4821 Superior Ave Cleveland, OH 44103
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