Property summary
This exceptional mixed-use property, located at 11809 Union Avenue in Cleveland, Ohio, presents a compelling investment opportunity. The 7,200 square foot building, constructed in 1920, features six units: four renovated apartments and two vacant storefronts. Each apartment, updated within the last two years, commands monthly rent between $750 and $850, ensuring a strong current cash flow. The building boasts a newly refinished roof (2022) and each apartment includes a new furnace and hot… water tank. The two storefronts have been completely gutted and are ready for renovation, offering significant upside potential. A potential conversion to residential use exists, however, any zoning changes would be the responsibility of the buyer. This property sits on a 130-20-011 APN parcel and is zoned for mixed use. The seller is highly motivated and will consider all offers, but prioritizes cash buyers and those capable of a swift closing. Commercial financing will be required for leveraged purchases. This is a rare opportunity to acquire a cash-flowing asset in a rapidly developing Cleveland neighborhood. The building is currently 75% occupied.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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