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Property profile & analytics
OFF-MARKET Estimated value $695,000
Warehouses

13442-1344 Cedar Rd Cleveland Heights, OH 44118

28,008 SF 0.3 ac lot Built 1924
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-1227607
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1924
Construction TYPE NOT SPECIFIED
Total area 28,008 SF
Lot 0.3 ac (12,920 SF)
Zoning code C2
APN 687-07-039
UPID US66-1227607
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
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$802k
Blend (final) Blend
$695k
Owner & transaction history
Jetz Service Co INC · 2 yrs held
Jetz Service Co INC
since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2013
$500,000
2012
$508,750
2007
$1.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(b) The C-2 Local Retail District is established to provide standards for the continued operation of small neighborhood commercial establishments and to concentrate new retail businesses in buildings that typically locate side by side in order to promote and encourage pedestrian activity. Parking and driveways are generally located so as not to disrupt the p…

Zone name Retail District
General category COMMERCIAL
Zone area 43.14 ac
Source Zoning Code adopted 20240116
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