$6,310,000 4,932 SF available

700 Prospect Ave East, Cleveland, OH 44115
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The property is an office building totaling 134,517 square feet, located at 700 Prospect Ave E in Cleveland, Ohio. The building is categorized for office use, including office space within a commercial real estate setting; specific details regarding internal layout, unit configuration, or building amenities are not provided in the available description.

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?

$158k

Tax billed · 2023

Assessed value$1.58M

Assessed land$359k

Assessed improvement$1.22M

Effective rate9.99%

Value estimate

· Nov 2026

$6.31M

$5.68M – $6.94M

AI approach$5.61M

Submarket $/SF estimate$3.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$162/SF

Submarket average, outlier-cleaned · 666 recorded sales of this use type

Observed band · Q1–Q3$70 – $293

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?

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: Laundry Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundry Service9.3

Locksmith9.0

Shoe Repair8.6

700 Prospect Ave East Cleveland, OH 44115

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

Address Sale price Sold Size

2060 9th, Cleveland, OH 44115-1313 $10,956,666 Dec 2024 240,052 SF

25 Prospect, Cleveland, OH 44115-1066 $38,000,000 Aug 2024 300,402 SF

101 Prospect, Cleveland, OH 44115-1093 $38,000,000 Jul 2023 469,674 SF

3030 Euclid, Cleveland, OH 44115-2530 $1,704,289 Dec 2021 28,800 SF

1835 Prospect E, Cleveland, OH 44115 $2,700,000 Dec 2021 51,231 SF

737 Bolivar, Cleveland, OH 44115-1246 $1,680,000 Dec 2020 52,634 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

Value Estimation
$7,305,000

74,325 SF

1211 Euclid Ave

OFFICE BUILDING

1211 Euclid Ave, Cleveland, OH 44115-1820

View Details
Value Estimation
$10,420,000

73,304 SF

2500 22nd St

OFFICE BUILDING

2500 22nd St, Cleveland, OH 44115-3204

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Value Estimation
$5,730,000

64,149 SF

2925 Euclid Ave

OFFICE BUILDING

2925 Euclid Ave, Cleveland, OH 44115-2415

View Details
Value Estimation
$6,760,000

205,920 SF

700 Huron E Rd

OFFICE BUILDING

700 Huron E Rd, Cleveland, OH 44115-1119

View Details
Value Estimation
$17,745,000

208,465 SF

1255 Euclid Ave, Unit 1275

OFFICE BUILDING

1255 Euclid Ave, Cleveland, OH 44115-1810

View Details
Value Estimation
$1,870,000

52,634 SF

737 Bolivar Rd

OFFICE BUILDING

737 Bolivar Rd, Cleveland, OH 44115-1246

View Details

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700 Prospect Ave East Cleveland, OH 44115

Property summary