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Property profile & analytics
OFF-MARKET
Auto shops
1200 38th St Cleveland, OH 44114-3872
Entity Owned
Free & Clear
Property ID
US66-5751724
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1940
Construction
TYPE NOT SPECIFIED
Total area
1,520 SF
Lot
0.55 ac (24,014 SF)
Zoning code
GI
APN
102-13-004
UPID
US66-5751724
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
-
Central Automotive and Towing Services Auto Repair Shop
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
Beverage Distributors INC
Beverage Distributors INC
since 2026
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
GI · 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
$4,579
Tax year 2023
Assessed value
$45,850
Assessed 2023
Previous assessed
$45,850
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$25,060
Assessed improvement
$20,790
Land market value
$71,600
Improvement market value
$59,400
Total market value
$131,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Total area
1,520 SF
Lot
0.55 ac (24,014 SF)
Zoning code
GI
APN
102-13-004
UPID
US66-5751724
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Cleveland, OH
Zoning GI · permitted uses
GI · 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
1940
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Beverage Distributors INC
Entity
Free & Clear · 0 yrs held
Mailing address
3721 LAKESIDE AVE E, CLEVELAND, OH 44114-3745
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
$300,000
Beverage Distributors INC
Euclid Carnegie LLC
Warranty Deed
—
Sep 5, 2017
—
Euclid-carnegie LLC
Au,elizabeth
Quit Claim Deed
related
—
Aug 1, 2017
—
Euclid-carnegie LLC
Jay,junior
Quit Claim Deed
related
—
Mar 12, 2014
—
Jay Junior
Jalovec Barbara Trust
Grant Deed
related
$109,200 · Barbara Clark
Dec 6, 2007
—
Jalovec Barbara Trust
Dunlap,johnny E
Quit Claim Deed
related
—
Dec 6, 2007
$250,000
Jalovec Barbara Trust
Frato Rubbish Systems INC Of Clev
Warranty Deed
—
Sep 1, 1998
$100,000
Frato Rubbish Systems INC
Century Transportation INC
Grant Deed
—
—
—
Frato Rubbish Systems INC
—
Deed Of Trust
related
$126,000 · National City Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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