Property profile

12716 Buckeye Rd Cleveland, OH 44120

FOR SALE
Retail space
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Property ID
US66-2524440
1,728 SF 0.27 ac 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.
Market Trends Soon

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

Value estimate

· Nov 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 8 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 comparables8

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 8 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
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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