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Property profile

12395 Cedar Rd Cleveland Heights, OH 44106

FOR LEASE
Retail space
Property ID
US66-2090604
2,655 SF 0.19 ac lot Built 1920
Last sale Dec 2020
Trust Owned Owner of record is a trust. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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12395 Cedar Rd, Cleveland Heights, OH 44106 For Lease
$270,000
12395 Cedar Rd, Cleveland Heights, OH 44106
View Listing

Property summary

AI-generated overview

The property is located in Cleveland Heights in the Cedar-Fairmount District at 12395 Cedar Rd (Cleveland Ave), and is situated in an area that includes The Ascent at Top of the Hill, a 261-unit apartment development. The site is zoned S2 Mixed Use, which permits a range of uses including residential, retail, and restaurant. The immediate area includes a mix of local and national food and beverage and retail tenants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$63k
Assessed land$21k
Assessed improvement$43k
Effective rate15.89%

Value estimate

· Oct 2026
$270k
$243k – $297k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables7

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?
S2
Chap. 1145. S-2 Mixed Use District. Chap. 1147. Planned Development Overlay District. CHAPTER 1141 Planned Development Objectives 1141.01...
General categoryMIXED_USE
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.9
Kitchen & Bath9.7
Smoke and Vape Shop9.7

Location

12395 Cedar Rd Cleveland Heights, OH 44106
County assessor Recorded deeds · 10 transfers 7 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2037 Murray Hl, Cleveland, OH 44106-5988 $150,000 Mar 2025 3,732 SF
2092 Murray Hl, Cleveland, OH 44106-2359 $860,000 Nov 2023 4,960 SF
12333 Superior, Cleveland, OH 44106-1447 $350,000 Aug 2023 1,650 SF
11003 Superior, Cleveland, OH 44106-1379 $125,000 Mar 2023 2,429 SF
12401 Cedar, Cleveland Heights, OH 44106-3153 $2,410,000 Sep 2021 2,447 SF
2136 Murray Hl, Cleveland, OH 44106-2339 $200,000 Nov 2018 1,396 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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