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    8104 Euclid Ave Cleveland, OH 44103

    Sponsored
    For Lease
    $4 SF/Yr

    Cleveland corner lot, high traffic, ideal retail.

    Lot size:
    14,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.34-acre commercial land parcel, located at 8104 Euclid Avenue in Cleveland, Ohio (Cuyahoga County), presents a prime opportunity for businesses seeking high visibility and accessibility. Situated on a corner lot at the intersection of Euclid Avenue and 81st Street, this property benefits from significant daily traffic volume, making it an attractive location for retail establishments or restaurants. Its strategic location offers convenient proximity to the Cleveland Clinic Main Campus, ensuring a substantial customer base. The property is zoned for commercial use (specific zoning details are available upon request). The annual real estate taxes are $4,285.00, or $357.00 per month. The annual lease rate is $64,285.00, equivalent to a monthly rent of $5,357.08. This is a single-tenancy property. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed site plans and further information are available upon request.

    Property Features for 8104 Euclid Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,810 SF

    Unit(s) available at that property

    Space
    Size
    14,810 SF
    Rate per SF
    $4

    HighLights

    • High‑visibility corner lot at Euclid Ave and 81st St.
    • $60,000 annual ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.6318175
    Latitude
    41.5034342

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    FAQs

    What type of property is this?
    Land - Cleveland corner lot, high traffic, ideal retail.
    Where is this land located?
    The property is located at 8104 Euclid 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: High-visibility corner lot at Euclid Ave and 81st St.; $60,000 annual ground lease.;
    Request Owner's contact information
    8104 Euclid 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
    8104 Euclid Ave Cleveland, OH 44103
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