Financial
Distress signals
Property profile

12716 Buckeye Rd Cleveland, OH 44120

FOR SALE
Retail space
Property ID
US66-2524440
1,728 SF 0.27 ac lot Built 1972
Last sale Aug 2024 · $195,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant building containing 1,728 square feet situated on a 0.27-acre lot. It is located near Shaker Square, Buckeye, and the Van Aken District, with access to Opportunity Corridor/I-490 and I-77. The space includes a commercial kitchen and dining area and has undergone multiple updates, including a newly updated kitchen with replaced cooking equipment (such as fryers and a grill top), plumbing and electrical improvements, a boiler replacement, and a range hood brought up

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$35k
Assessed land$6k
Assessed improvement$29k
Effective rate9.99%

Value estimate

· Sep 2026
$70k
$63k – $77k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 4.82% cap applied$22k

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

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.82%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RO
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 agency31.3
Law Firm23.8
Building Supply23.1

Location

12716 Buckeye Rd Cleveland, OH 44120
County assessor Recorded deeds · 6 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12806 Larchmere, Cleveland, OH 44120-1152 $300,000 May 2025 1,950 SF
3679 131st, Cleveland, OH 44120-4526 $16,000 Feb 2023 1,920 SF
14510 Kinsman, Cleveland, OH 44120-4846 $350,000 Feb 2022 1,624 SF
3713 Lee, Shaker Heights, OH 44120-5103 $125,000 Nov 2021 1,500 SF
12712 Larchmere, Cleveland, OH 44120-1151 $695,000 Oct 2021 1,501 SF
3601 Lee, Shaker Heights, OH 44120-5108 $37,300 Oct 2021 1,650 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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