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Property profile & analytics
OFF-MARKET
Manufacturing properties
1194 60th St, Cleveland, OH 44103
Entity Owned
~
Est. High Equity
Property ID
US66-5465873
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
WOOD
Total area
1,624 SF
Lot
0.08 ac (3,663 SF)
Zoning code
LR
APN
104-12-023
UPID
US66-5465873
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Conwell Estates LLC
Conwell Estates LLC
since 2026
Last sale
$31,000
5 recorded transactions
Zoning & alternative use
LR · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,798
Tax year 2023
Assessed value
$18,000
Assessed 2023
Previous assessed
$18,000
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$950
Assessed improvement
$17,050
Land market value
$2,700
Improvement market value
$48,700
Total market value
$51,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
0
Total area
1,624 SF
Lot
0.08 ac (3,663 SF)
Zoning code
LR
APN
104-12-023
UPID
US66-5465873
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · 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
1900
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
0
Lot
0.08 ac
Current owner
From public records · entity-resolved
Conwell Estates LLC
Entity
Mailing address
4090 E 71ST ST #103, CLEVELAND, OH 44105-5069
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
$120,000
Conwell Estates LLC
1194 East 60th Street LLC
Warranty Deed
$78,000 · Velocity Commercial Capital LLC
Oct 14, 2022
$31,000
Hedy Anna Hammon
Jesse Grant Harris
Warranty Deed
—
Aug 4, 2020
—
1194 East 60th Street LLC
One Stop Construction Co LLC
Quit Claim Deed
related
—
Oct 3, 2019
$10,377
One Stop Construction Co
Sheriff Of Cuyahoga County|bonna Avenue LLC
Trustees Deed
—
Nov 17, 2015
$15,000
Bonna Avenue LLC
Ncl Ents INC
Warranty Deed
—
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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