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Property profile & analytics
OFF-MARKET
Retail space

12395 Cedar Rd Cleveland Heights, OH 44106-3153

2,655 SF 0.19 ac lot Built 1920
Trust Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-2090604
Property summary
AI-generated overview

This exceptional 2,900 square foot retail space, located at 12395 Cedar Rd in Cleveland Heights, Ohio, presents a versatile opportunity for restaurant or other retail uses. Situated on a 0.19-acre lot (APN 685-18-022), the property benefits from S2 mixed-use zoning, allowing for a variety of potential applications, including residential, retail, and restaurant uses. Its prime location within Cleveland Heights' thriving Cedar-Fairmount district ensures high visibility and foot traffic. The property enjoys proximity to a significant residential population, with the Ascent at Top of the Hill, a 261-unit luxury apartment complex, located directly adjacent. This strategic positioning provides immediate access to a substantial customer base. Furthermore, the property boasts a strong roster of neighboring businesses, including well-known national and local establishments such as Zhug, Buffalo Wild Wings, Starbucks, Chipotle, Vero Pizza, and Barrio, creating a vibrant and attractive commercial environment. This property offers a unique blend of location, zoning flexibility, and established neighborhood appeal, making it an ideal investment for discerning entrepreneurs. The property's zip code is 44106.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction TYPE NOT SPECIFIED
Total area 2,655 SF
Lot 0.19 ac (8,468 SF)
Zoning code S2
APN 685-18-022
UPID US66-2090604
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) 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
by Request
Owner & transaction history
12395 Cedartown LLC Trust · 5 yrs held
12395 Cedartown LLC Trust
since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
2004
Price N/A
2002
Price N/A
2001
Price N/A
Zoning & alternative use
S2 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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