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Property profile

1001 Lakeside Ave Cleveland, OH 44114

FOR LEASE
Office buildings
Property ID
US66-5532993
591,612 SF 2.49 ac lot Built 1989
Last sale Sep 2016 · $95,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

North Point Tower, a prestigious 19-story Class A office building, offers 591,938 square feet of executive office space in Cleveland, Ohio's central business district at 1001 Lakeside Ave E, 44114. Boasting a sleek, all-glass exterior designed by Jerry Peyto, the building provides abundant natural light. Enjoy breathtaking 360-degree views of the Cleveland skyline and Lake Erie. Recent renovations exceeding $10 million have modernized the lobby, atrium, elevator cabs, amphitheater,…

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?
$1.87M
Tax billed · 2023
Assessed value$17.77M
Assessed land$2.66M
Assessed improvement$15.11M
Effective rate10.54%

Value estimate

· Oct 2026
$48.20M
$43.38M – $53.02M
Submarket $/SF estimate$50.59M
NOI build-up
Gross scheduled income$141k
Vacancy & credit loss−$28k
Operating expenses−$28k
NOI · 359,191.49% cap applied$84k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$63 – $200

Cap rate analysis

How does the asset earn?
359,191.49%
$84k 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?
SI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.7
Shoe Repair8.6
Butcher8.6

Location

1001 Lakeside Ave Cleveland, OH 44114
County assessor Recorded deeds · 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1111 Hickory, Cleveland, OH 44114 $1,150,000 Oct 2024 11,250 SF
1776 17th, Cleveland, OH 44114-3636 $1,594,700 Sep 2024 18,628 SF
1921 Hamilton, Cleveland, OH 44114-1112 $7,740,000 Feb 2024 13,884 SF
1231 Superior E, Cleveland, OH 44114-3263 $400,000 Sep 2023 17,298 SF
1241 Superior E, Cleveland, OH 44114-3204 $605,000 Sep 2023 11,384 SF
45 9th, Cleveland, OH 44114-1813 $21,250,000 Feb 2022 562,519 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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