New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
13411 Miles Ave Cleveland, OH 44105-5523
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-1122837
Property summary
AI-generated overview
This established Cleveland bar/restaurant, located at 13411 Miles Ave, is available for $450,000. The 2,880 square foot, two-story building, constructed in 1948 and renovated in 2019, offers a unique opportunity. Currently vacant, the property includes a liquor license, ample on-site parking, and an additional parking lot. A fenced-in private area provides potential for outdoor seating or events. The property also features a potential basement kitchen area, allowing for menu expansion and catering services. The building sits on two parcels (APN 13811033;13811034) in Cuyahoga County, Ohio, zip code 44105. This prime location presents a strong investment opportunity for a seasoned operator to establish a thriving business. The price per square foot is $156.25. The property is currently vacant.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
WOOD
Total area
2,880 SF
Lot
0.11 ac (4,920 SF)
Zoning code
LR
APN
138-11-033
UPID
US66-1122837
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
-
Levels Lounge Bar & Pub Nightclub
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
All Levels LLC · 6 yrs held
All Levels LLC
since 2020
Last sale
$52,000
4 recorded transactions
Zoning & alternative use
LR · 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
$1,140
Tax year 2023
Assessed value
$11,410
Assessed 2023
Previous assessed
$11,410
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$2,590
Assessed improvement
$8,820
Land market value
$7,400
Improvement market value
$25,200
Total market value
$32,600
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
Off-Market
Year built
1948
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
2,880 SF
Lot
0.11 ac (4,920 SF)
Zoning code
LR
APN
138-11-033
UPID
US66-1122837
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · 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
1948
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
All Levels LLC
Entity
Free & Clear · 6 yrs held
Mailing address
16703 INVERMERE AVE, CLEVELAND, OH 44128-1405
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2020
$52,000
All Levels LLC
Sheriff Of Cuyahoga County|clopton,james H
Correction Deed
—
Dec 23, 2019
—
All Levels Land & Housing LLC
All Levels LLC
Quit Claim Deed
related
—
Feb 6, 2019
$52,000
All Levels LLC
Sheriff Of Cuyahoga County|clopton,james H
Trustees Deed
—
May 3, 2017
$100,000
Tomeka Gillespie
Clopton,james & Wendy
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 13411 Miles Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
