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11702 Buckeye Rd Cleveland, OH 44120-5705

OFF-MARKET Warehouses Google Maps
5,982 SF 0.13 ac lot Built 1916
Entity Owned Free & Clear
Estimated value (blended)
$145k
Range $131k – $160k (±10%)
Property ID US66-1516228

Property summary

AI-generated overview

This exceptional mixed-use property in Cleveland, Ohio, presents a compelling investment opportunity. The 5,983 square foot brick building sits on a 0.13-acre lot and boasts two retail storefronts and six apartments. One storefront is currently leased for $300 per month, enjoying a 10-year tenancy, while the other is vacant and ideal for various retail uses. The six apartments are comprised of three two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units. Three of the two-bedroom units are occupied, with rents ranging from $650 to $725 per month. Two of the one-bedroom units are occupied at $650 per month. One one-bedroom unit is vacant and awaiting a Section 8 tenant. Significant upgrades have been completed, including a full electrical rewiring with hardwired smoke and carbon monoxide detectors, new breaker panels in all units, and updated windows. Each unit features its own furnace, electrical panel, and hot water tank. Rear parking is available. Laundry hookups are on-site. The property benefits from convenient highway access, proximity to shopping, dining, and public transportation. This is a rare chance to acquire a well-maintained, income-producing property with significant upside potential in a desirable Cleveland location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1916
Construction WOOD
Total area 5,982 SF
Lot 0.13 ac (5,830 SF)
Zoning code LR
APN 129-18-006
UPID US66-1516228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • African Goods Store
  • Clothing & Fashion Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2025
Last sale
$39,992
3 recorded transactions
2025
$285,000
2025
$330,000
2022
$39,992

Zoning & alternative use

LR · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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