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Property profile & analytics
OFF-MARKET
Specialty properties
1307 Coit Ave East Cleveland, OH 44112-2653
Individually Owned
13-yr Hold
Free & Clear
Property ID
US66-0482463
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1912
Total area
1,060 SF
Lot
0.18 ac (8,000 SF)
Zoning code
U2-H2
APN
671-17-045
UPID
US66-0482463
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
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
Cleveland Farmers Market East · 13 yrs held
Cleveland Farmers Market East
since 2013
5 recorded transactions
Zoning & alternative use
U2-H2 · East 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 East Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
$99
Tax year 2023
Assessed value
$2,800
Assessed 2023
Previous assessed
$2,800
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$2,800
Land market value
$8,000
Total market value
$8,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1912
Heating
FORCED AIR
Stories
2
Rooms
6
Bathrooms
1
Total area
1,060 SF
Lot
0.18 ac (8,000 SF)
Zoning code
U2-H2
APN
671-17-045
UPID
US66-0482463
Jurisdiction
CUYAHOGA
Zoning & alternative use
U2-H2 · East Cleveland, OHZoning U2-H2 · permitted uses
U2-H2 · East Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1912
Heating
FORCED AIR
Stories
2
Rooms
6
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Cleveland Farmers Market East
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 603826, CLEVELAND, OH 44103-0826
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2013
—
Cleveland Farmers Market East
Cuyahoga Cnty Land Reutilizati
Quit Claim Deed
related
—
Feb 21, 2012
—
Cuyahoga Cnty Land Reutilizati
Hud-housing Of Urban Dev
Grant Deed
related
—
Jul 18, 2011
—
Hud-housing Of Urban Dev
Midfirst Bk
Warranty Deed
related
—
Mar 18, 2011
$22,834
Midfirst Bk
Sheriff Of Cuyahoga County
Trustees Deed
related
—
—
—
Zora Hawthorne
—
Deed Of Trust
related
$22,119 · Midfirst Bank State Savings Bk
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.
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