Financial
Distress signals
Property profile

1200 38th St Cleveland, OH 44114

OFF-MARKET
Auto shops
Property ID
US66-5751724
1,520 SF 0.55 ac lot Built 1940
Last sale Jan 2026 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two freestanding industrial buildings totaling approximately 3,237 square feet, comprising approximately 1,520 square feet and 1,717 square feet. It is located at a hard corner and provides convenient access to the freeway. The buildings include drive-in doors with clear heights of approximately 14 feet and 16 feet. The site is suited for small business use and also offers potential for redevelopment.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$46k
Assessed land$25k
Assessed improvement$21k
Effective rate9.99%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$43 – $170
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Skin Care Clinic9.3
Locksmith9.1

Location

1200 38th St Cleveland, OH 44114-3872
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2328-2330 Rockwell, Cleveland, OH 44114 $260,000 Dec 2022 3,420 SF
2343 Superior E, Cleveland, OH 44114-4224 $420,000 Oct 2022 2,301 SF
3004 Payne, Cleveland, OH 44114-4526 $520,000 Nov 2021 2,160 SF
2163 Hamilton, Cleveland, OH 44114-1143 $75,000 Jan 2020 3,009 SF
3726 Payne, Cleveland, OH 44114-4318 $78,000 Aug 2019 2,250 SF
3991 Superior E, Cleveland, OH 44114-4129 $300,000 May 2019 1,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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