Financial
Distress signals
Property profile

1088 Ivanhoe Rd Cleveland, OH 44110

FOR SALE
Manufacturing properties
Property ID
US66-1840133
50,610 SF 6.14 ac lot Built 1941
Last sale Jul 2025 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 1088 Ivanhoe Road in Cleveland, Ohio, presents a significant investment opportunity. The 62,000 square foot warehouse sits on a substantial 6.14-acre lot, offering ample space for operations and potential expansion. The building features four dock-high doors, providing convenient access for loading and unloading, and boasts an impressive 18-inch ceiling height, ideal for accommodating various storage and manufacturing needs. The property's

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?
$9k
Tax billed · 2023
Assessed value$95k
Assessed land$52k
Assessed improvement$42k
Effective rate9.99%

Value estimate

· Sep 2026
$650k
$585k – $715k
AI approach$650k
Sales comparison$1.05M
NOI build-up
Gross scheduled income$318k
Vacancy & credit loss−$13k
Operating expenses−$92k
NOI · 21.91% cap applied$214k

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

Recently sold

What actually traded nearby?
$43/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$21 – $77
Qualifying comparables5

Cap rate analysis

How does the asset earn?
21.91%
$214k 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?
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 agency25.4
Law Firm23.8
Dental Office18.1

Location

1088 Ivanhoe Rd Cleveland, OH 44110
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13402 Glenside, Cleveland, OH 44110 $85,000 Aug 2025 9,851 SF
870 152nd, Cleveland, OH 44110-3002 $49,500 Sep 2024 10,152 SF
17877 Saint Clair, Cleveland, OH 44110-2636 $600,000 May 2024 235,207 SF
16712 Westfield, Cleveland, OH 44110-2925 $40,000 Jan 2024 4,320 SF
948 Wayside, Cleveland, OH 44110-2957 $45,000 Aug 2022 3,600 SF
14500 Darley, Cleveland, OH 44110-2168 $250,000 May 2020 156,020 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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