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    Property profile & analytics

    15020 Puritas Ave Cleveland, OH 44135

    • Strip malls
    • 38,753 SF
    • 5.59 lot acres
    For Lease
    View listing
    Value Estimation
    $805,000
    Location Intelligence
    Property ID
    US66-1148928
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 15020 Puritas Ave

    Year built
    1956
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.59 lot acres
    Property size
    38,753 SF
    Zone code
    SC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    027-26-003
    APU
    2726003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $845,000
      6.5%
      $770,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $930,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $720,000
      Mixed-Use
      $785,000
      Hospitality
      $855,000
      Educational
      $855,000
      Residential Income
      $690,000
      Energy
      $740,000
      Income-Based Land
      $735,000
      Food Service
      $720,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8023
    Latitude
    41.4348
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $58,673
    $340,730
    $246,750
    $587,480
    -
    $973,500
    $705,000
    $1,678,500

    Comparable in this City

    • Value Estimation
      $6,230,000
      44,232 SF

      14017 Puritas Ave, Unit 14037

      SHOPPING CENTER, STRIP CENTER • 44,232 SF
      14017 Puritas Ave, Cleveland, OH 44135-2879
      View Details
    • Value Estimation by Request
      20,205 SF

      14039 Puritas Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 20,205 SF
      14039 Puritas Ave, Cleveland, OH 44135-2951
      View Details
    • Value Estimation
      $790,000
      10,112 SF

      4434 Rocky Riv Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 10,112 SF
      4434 Rocky Riv Dr, Cleveland, OH 44135
      View Details
    • Value Estimation by Request
      40,030 SF

      4985 150th St

      WHOLESALE OUTLET, DISCOUNT STORE • 40,030 SF
      4985 150th St, Cleveland, OH 44135-3303
      View Details
    • Value Estimation
      $730,000
      28,586 SF

      4979 130th St

      WHOLESALE OUTLET, DISCOUNT STORE • 28,586 SF
      4979 130th St, Cleveland, OH 44135-5139
      View Details
    • Value Estimation by Request
      0.26 Acres

      Rocky Riv Dr

      SHOPPING CENTER COMMON AREA • 0.26 Acres
      Rocky Riv Dr, Cleveland, OH 44135
      View Details

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      Cleveland CVS Pharmacy Investment

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      Turnkey Commercial Building in Cleveland

      Updated 2,324 sq ft commercial building suitable for various business uses.
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      Two Cleveland Commercial Properties For Sale

      Two commercial properties with established business, equipment, and expansion potential.
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      High-traffic retail space with apartment.
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    Similar Nearby for Lease

    • Contact for pricing
      16,560 SF

      Retail Space Near I-71

      Retail space available near I-71 in Cleveland, OH.
      15020 Puritas Ave, Cleveland, OH 44135
      View Details
    • Contact for pricing
      841 SF

      Retail Space Near Major Highways

      Retail space with high visibility near major highways and downtown.
      14017-14039 Puritas Ave, Cleveland, OH 44135
      View Details
    • $8 SF/Yr
      6,251 SF

      Prime Cleveland Retail Opportunity

      6,251 SF Retail Space Available
      4176 Rocky River Dr, Cleveland, OH 44135
      View Details
    • $14 SF/Yr
      1,602 SF

      Retail Space Near Metroparks Entrance

      Retail units available near high-traffic intersection and Metroparks entrance.
      19601-19609 Puritas Ave, Cleveland, OH 44135
      View Details
    • Contact for pricing
      2,296 SF

      Cleveland Industrial Park Office/Warehouse Space

      Office and warehouse spaces in Cleveland's west side industrial market.
      13921-13945 Industrial Pkwy, Cleveland, OH 44135
      View Details
    • Contact for pricing
      34,000 SF

      Industrial Space Available For Lease

      Industrial property available for lease in Cleveland, OH.
      4505-4517 Industrial Pkwy, Cleveland, OH 44135
      View Details
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    Cleveland, OH 44135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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