Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1111 Superior Ave Cleveland, OH 44114

FOR LEASE
Office buildings
Property ID
US66-1906550
623,950 SF 1.28 ac lot Built 1982
Last sale Dec 1998 · $68,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional executive office space, located at 1111 Superior Avenue in Cleveland, Ohio, presents a unique leasing opportunity. The property, situated in Cuyahoga County, boasts a total building size of 597,442 square feet and comprises a single, expansive suite. Currently, 5,150 square feet of high-quality office space is immediately available for lease. The building's classification as an "Executive Office" suggests a sophisticated and well-appointed interior, ideal for discerning…

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?
$1.90M
Tax billed · 2023
Assessed value$18.20M
Assessed land$1.87M
Assessed improvement$16.33M
Effective rate10.42%

Value estimate

· Oct 2026
$49.45M
$44.51M – $54.40M
Submarket $/SF estimate$51.83M
NOI build-up
Gross scheduled income$234k
Vacancy & credit loss−$47k
Operating expenses−$47k
NOI · 718,851.28% cap applied$140k

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?
718,851.28%
$140k 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: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Laundromat8.3
Butcher8.3

Location

1111 Superior Ave Cleveland, OH 44114
County assessor Recorded deeds · 3 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 · 17 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved