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Property profile & analytics
FOR SALE
Turn key restaurants
1293 West 9Th St, Cleveland, OH 44113
Entity Owned
16-yr Hold
Free & Clear
Property ID
US66-0877603
For Sale
1 / 7
$2,688,172
1293 West 9Th St, Cleveland, OH 44113
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
TYPE NOT SPECIFIED
Total area
19,404 SF
Lot
0.1 ac (4,158 SF)
Zoning code
LLR
APN
101-09-012
UPID
US66-0877603
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
-
The Men of Steel Male Revue Nightclub Bar & Pub
-
Elite lounge Nightclub Bar & Pub
-
TOMO Sushi & Hibachi Restaurant Restaurant
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
1293 W 9th LLC · 16 yrs held
1293 W 9th LLC
since 2009
3 recorded transactions
Zoning & alternative use
LLR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,449
Tax year 2023
Assessed value
$262,500
Assessed 2023
Previous assessed
$262,500
+0.0% YoY
Effective rate
10.46%
On assessed value
Assessed land
$132,440
Assessed improvement
$130,060
Land market value
$378,400
Improvement market value
$371,600
Total market value
$750,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1910
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
4
Total area
19,404 SF
Lot
0.1 ac (4,158 SF)
Zoning code
LLR
APN
101-09-012
UPID
US66-0877603
Jurisdiction
CUYAHOGA
Zoning & alternative use
LLR · Cleveland, OH
Zoning LLR · permitted uses
LLR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
1293 W 9th LLC
Entity
Free & Clear · 16 yrs held
Mailing address
1293 W 9TH ST, CLEVELAND, OH 44113-1064
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2009
$415,000
1293 W 9th LLC
Greyhound Lines INC
Grant Deed
—
Jun 16, 2003
$790,000
Greyhound Lines INC
Fleck & Associates INC
Grant Deed
$125,000,000 · Wells Fargo Foothill
—
—
1293 W 9th LLC
—
Deed Of Trust
related
$1,700,000 · National Cu Admin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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