Financial
Distress signals
Property profile

16815 Madison Ave Lakewood, OH 44107

OFF-MARKET
Retail space
Property ID
US66-2182384
9,280 SF 0.45 ac lot Built 1979
Last sale Feb 2026 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$18k
Tax billed · 2023
Assessed value$164k
Assessed land$41k
Assessed improvement$122k
Effective rate10.83%

Value estimate

· Sep 2026
$275k
$248k – $303k
Sales comparison$476k

Realmo valuation models over county records and 14 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 comparables14

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?
C1
TheC1 Office Districthas a limited application within the Central Business District of theCity. This district seeks to preserve and prote...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.9
Auto Parts Store11.9
Parking Facility9.9

Location

16815 Madison Ave Lakewood, OH 44107-5401
County assessor Recorded deeds · 3 transfers 14 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14824 Detroit, Lakewood, OH 44107 $1,530,000 Nov 2024 11,102 SF
17615 Detroit, Lakewood, OH 44107-3430 $210,000 Oct 2024 6,450 SF
13215 Detroit, Lakewood, OH 44107-2841 $1,200,000 Mar 2024 9,660 SF
16004 Detroit, Cleveland, OH 44107-3713 $370,000 Jan 2023 4,720 SF
16010 Detroit, Lakewood, OH 44107-3713 $225,000 Dec 2021 11,484 SF
13367 Madison, Lakewood, OH 44107-4843 $270,000 Aug 2021 6,782 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16815 Madison Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message