Property profile

12518 Detroit Ave Lakewood, OH 44107

OFF-MARKET
Warehouses
Property ID
US66-1253094
4,192 SF 0.1 ac lot Built 1913
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1913
Construction WOOD
Total area 4,192 SF
Lot 0.1 ac (4,400 SF)
Zoning code C3
APN 312-32-007
UPID US66-1253094

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tattoo & Piercing Shop
  • Tattoo & Piercing Shop

Location

12518 Detroit Ave Lakewood, OH 44107-3044
Lakewood metro Census 160602 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2022
Last sale
$198,000
6 recorded transactions
2022
Price N/A
2019
$198,000
2017
$157,000
2012
Price N/A
2008
Price N/A
2007
Price N/A

Zoning & alternative use

C3 · Lakewood, OH
Zoning description

TheC3 General Business Districtis established to provide for commercial uses that generally require independent, freestanding buildings, larger parking areas, and may have unique traffic patterns because of such factors…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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