Property profile

3214 Prospect Ave E Cleveland, OH 44115

FOR LEASE
Office buildings
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Property ID
US66-5435442
4,430 SF 0.16 ac Built 1875
Last sale Dec 2023·$650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$5k
Tax billed · 2023
Assessed value$54k
Assessed land$15k
Assessed improvement$39k
Effective rate9.99%

Value estimate

· Nov 2026
$765k
$689k – $842k
AI approach$700k
Submarket $/SF estimate$458k
NOI build-up
Gross scheduled income$119k
Vacancy & credit loss−$10k
Operating expenses−$44k
NOI$66k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

Cap rate analysis

How does the asset earn?
$66k 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: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.1
Kitchen & Bath10.7
Plumbing Service10.2

Location

3214 Prospect Ave E Cleveland, OH 44115
County assessor Recorded deeds · 11 transfers 5 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
2020 Carnegie, Cleveland, OH 44115-2337 $849,550 Oct 2024 7,200 SF
3611 Prospect E, Cleveland, OH 44115-2703 $600,000 Jul 2024 6,300 SF
2640 Carnegie, Cleveland, OH 44115-2626 $500,000 Oct 2023 8,554 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
2507 22nd, Cleveland, OH 44115-3202 $725,000 Jun 2020 17,814 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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