Realmo Analytics

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Property profile

5011 Clark Ave Cleveland, OH 44102

FOR SALE
Retail space
Property ID
US66-5683222
2,192 SF 0.11 ac lot Built 1890
Last sale Dec 2024 · $202,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 two-story mixed-use building totaling 2,668 square feet at 5011 Clark Ave in Cleveland. It includes a 984-square-foot retail storefront and two updated two-bedroom apartments totaling 1,684 square feet; the basement beneath the retail area contains a private restroom, storage, and utility spaces. Building systems consist of baseboard and forced-air heating, with wall-unit cooling, and the property is served by public water and sewer connections. Parking is available on the…

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?
$4k
Tax billed · 2023
Assessed value$38k
Assessed land$4k
Assessed improvement$34k
Effective rate9.99%

Value estimate

· Nov 2026
$180k
$162k – $198k
AI approach$180k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 8.66% cap applied$26k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$22 – $86
Qualifying comparables8

Cap rate analysis

How does the asset earn?
8.66%
$26k 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?
GR
Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75...
General categoryCOMMERCIAL
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 agency33.5
Law Firm25.4
Dental Office23.7

Location

5011 Clark Ave Cleveland, OH 44102
County assessor Recorded deeds · 3 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
5815 Storer, Cleveland, OH 44102-5648 $175,000 Sep 2024 2,032 SF
6225 Storer, Cleveland, OH 44102-5522 $225,000 Feb 2024 1,694 SF
6808 Clark, Cleveland, OH 44102-5300 $85,000 Sep 2023 1,575 SF
1875 65th, Cleveland, OH 44102-3159 $250,000 Jul 2023 2,200 SF
7724 Lorain, Cleveland, OH 44102-4252 $9,500 Jun 2023 1,630 SF
3127 73rd, Cleveland, OH 44102-5273 $5,000 Mar 2023 3,098 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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