Realmo Analytics

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Property profile

6021 Memphis Ave Cleveland, OH 44144

OFF-MARKET
Turn key restaurants
Property ID
US66-0187104
3,218 SF 0.12 ac lot Built 1950
Last sale May 2023 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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 bar and restaurant building on Memphis Avenue comprising three parcels and including a 7-day liquor license. The interior is configured with two separate bars, three bathrooms (including a private bathroom), and a private office. Foodservice infrastructure includes a full kitchen with updated equipment, updated kitchen appliances, a 12x12 walk-in cooler, and a 6x10 walk-in freezer. Bar and entertainment amenities include TVs throughout and an updated bar setup with a granite…

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?
$6k
Tax billed · 2023
Assessed value$58k
Assessed land$7k
Assessed improvement$51k
Effective rate9.99%

Value estimate

· Nov 2026
$565k
$509k – $622k
AI approach$545k

Realmo valuation models over county records and 14 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 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?
LR
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 agency22.3
Law Firm14.6
Skin Care Clinic11.1

Location

6021 Memphis Ave Cleveland, OH 44144-2249
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Rdg, Brooklyn, OH 44144 $29,363,445 Jun 2025 4,066 SF
4740 Rdg, Brooklyn, OH 44144-3327 $29,363,445 Jun 2025 2,221 SF
4918 Memphis, Cleveland, OH 44144-1942 $375,000 Dec 2024 3,948 SF
3837 Rdg, Cleveland, OH 44144-1111 $146,000 May 2024 4,636 SF
4326 Rdg, Brooklyn, OH 44144-2715 $105,000 Dec 2022 2,596 SF
4915 Memphis, Cleveland, OH 44144-1943 $2,125,604 Dec 2021 2,262 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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