Financial
Distress signals
Property profile

5808 Detroit Ave Cleveland, OH 44102

FOR LEASE
Turn key restaurants
Property ID
US66-2562074
3,106 SF 0.07 ac lot Built 1910
Last sale Apr 2024 · $820,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-room office suite is located on the 2nd floor in the Gordon Square area, occupying a lot measuring 0.07 acres. The suite includes original interior doors and trim, complemented by engineered hardwood flooring and large windows for natural light. Layout features include a kitchenette, a full bath, two private entrances (one from Detroit Avenue and one from a rear parking area), an open work area with two rooms in the front portion, and an adjacent, fully functional kitchen. In

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2023
Assessed value$49k
Assessed land$4k
Assessed improvement$44k
Effective rate14.33%

Value estimate

· Sep 2026
$820k
$738k – $902k
AI approach$820k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$6k
Operating expenses−$6k
NOI · 907.20% cap applied$17k

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

Recently sold

What actually traded nearby?
$169/SF
Submarket average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$61 – $324
Qualifying comparables8

Cap rate analysis

How does the asset earn?
907.20%
$17k 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?
LR
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
HVAC Service11.0
Accounting Firm10.3

Location

5808 Detroit Ave Cleveland, OH 44102
County assessor Recorded deeds · 4 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6710 Denison, Cleveland, OH 44102-5439 $1,275,000 Feb 2026 2,634 SF
9507 Denison, Cleveland, OH 44102 $13,000 Mar 2025 4,845 SF
5815 Storer, Cleveland, OH 44102-5648 $175,000 Sep 2024 2,032 SF
5011 Clark, Cleveland, OH 44102-4531 $202,000 Sep 2024 2,192 SF
9605 Madison, Cleveland, OH 44102-2611 $60,000 Sep 2024 2,813 SF
11022 Clifton, Cleveland, OH 44102-1533 $300,000 Oct 2023 3,598 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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