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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Retail space
11601 Euclid Ave Cleveland, OH 44106-4302
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0666494
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Total area
51,565 SF
Lot
0.38 ac (16,588 SF)
Zoning code
MF-2
APN
120-23-078
UPID
US66-0666494
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ellie's apt Apartment Building
-
Euclid3 Apartment Building
-
New Millennium Studio Hair Salon Nail Salon
-
AT&T - Internet Service Provider Telecommunications Service Data Center
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.41M
Owner & transaction history
Uptown Three LP · 8 yrs held
Uptown Three LP
since 2018
6 recorded transactions
Zoning & alternative use
MF-2 · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$27 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,378
Tax year 2023
Assessed value
$374,260
Assessed 2023
Previous assessed
$374,260
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$232,230
Assessed improvement
$142,030
Land market value
$663,500
Improvement market value
$4,818,000
Total market value
$5,481,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
50
Rooms
11
Bathrooms
36
Total area
51,565 SF
Lot
0.38 ac (16,588 SF)
Zoning code
MF-2
APN
120-23-078
UPID
US66-0666494
Jurisdiction
CUYAHOGA
Zoning & alternative use
MF-2 · Cleveland, OH
Zoning MF-2 · permitted uses
MF-2 · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
50
Rooms
11
Bathrooms
36
Lot
0.38 ac
Current owner
From public records · entity-resolved
Uptown Three LP
Entity
Mailing address
1938 EUCLID AVE STE #200, CLEVELAND, OH 44115-2254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2019
—
Uptown Three LP
—
Deed
related
$500,000 · Northwest Bk
Jul 18, 2018
—
Uptown Three LP
Uptown Euclid Holding LLC
Quit Claim Deed
related
$11,000,000 · Northwest Bk
Jun 13, 2013
—
Euclid 115 II LLC
Euclid 115 LLC
Quit Claim Deed
related
—
Jun 13, 2013
$1,280,000
Euclid 115 LLC
Case Western Reserve Univ
Warranty Deed
—
Feb 23, 2012
—
New Circle Vistas LP
—
Grant Deed
related
$2,740,600 · Other Institutional Lenders
—
—
Uptown Three LP
—
Deed Of Trust
related
$500,000 · Northwest Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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