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Property profile

12438 Cedar Rd Cleveland Heights, OH 44106

OFF-MARKET
Warehouses
Property ID
US66-2532082
8,800 SF 1.62 ac lot Built 1922
Last sale Oct 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$67k
Tax billed · 2023
Assessed value$423k
Assessed land$173k
Assessed improvement$250k
Effective rate15.82%

Value estimate

· Oct 2026
$485k
$437k – $534k
AI approach$485k
CAP approach$675k
Submarket $/SF estimate$755k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables9

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?
C2
The C-2 Retail District is established to provide standards for the continued operation of small neighborhood commercial establishments a...
General categoryCOMMERCIAL
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 Service10.4
Smoke and Vape Shop10.2
Food Market10.1

Location

12438 Cedar Rd Cleveland Heights, OH 44106-3152
County assessor Recorded deeds · 8 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2029 Murray Hl, Cleveland, OH 44106-2356 $787,500 Mar 2025 6,150 SF
9014 Cedar, Cleveland, OH 44106-2932 $570,000 Sep 2024 12,312 SF
10819 Magnolia, Cleveland, OH 44106-1803 $1,200,000 Jan 2024 6,881 SF
9000 Superior, Cleveland, OH 44106-1051 $85,570 Mar 2021 8,178 SF
11239 Superior, Cleveland, OH 44106-1336 $18,000 Sep 2020 7,701 SF
12002 Superior, Cleveland, OH 44106 $35,000 Sep 2019 6,296 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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