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Property profile

1792 40th St Cleveland, OH 44103

OFF-MARKET
Office buildings
Property ID
US66-2023003
4,008 SF 0.23 ac lot Built 1952
Last sale Mar 2021 · $152,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This two-story office/warehouse building is presented in shell condition and is configured to allow an end user to renovate and customize both the office and warehouse components. The property includes a warehouse area in the rear, while the existing interior layout requires demolition and reconfiguration work to open up the space and create updated office accommodations. The building is located in the Mid-Town District and is structurally suitable for a combined office and warehouse use, with work required to bring the interior to a ready-to-occupy condition.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$53k
Assessed land$7k
Assessed improvement$46k
Effective rate9.99%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$240k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$62 – $322
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Skin Care Clinic13.1
Spa & Massage12.6

Location

1792 40th St Cleveland, OH 44103-3502
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6117 Saint Clair, Cleveland, OH 44103-1627 $162,680 May 2025 2,340 SF
5320 Stanard, Cleveland, OH 44103-1337 $400,000 Nov 2024 6,051 SF
6214 Carnegie, Cleveland, OH 44103 $380,000 Dec 2022 3,800 SF
4208 Prospect, Cleveland, OH 44103-4306 $1,200,000 Nov 2020 4,956 SF
1802 47th, Cleveland, OH 44103-2468 $39,600 Oct 2020 4,500 SF
4320 Payne, Cleveland, OH 44103-2329 $145,000 Aug 2019 2,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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