15300 Waterloo Rd Cleveland, OH 44110-3818
Property profile & analytics
15300 Waterloo Rd Cleveland, OH 44110-3818
- Manufacturing properties
- 58,824 SF
- 6.25 lot acres
Property ID
US66-2139656
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.
Location Intelligence
Current Use by Public Records
- Cleveland Clinic Laundry / (Bike/Boat/Book/etc) Store
- Evergreen Cooperative Laundry / (Bike/Boat/Book/etc) Store
- CMC Monuments / General Contractor
- Styles With Confidence / Hair Salon / Nail Salon
Property Details for 15300 Waterloo Rd
- Year built
- 2003
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 6.25 lot acres
- Property size
- 58,824 SF
- Zone code
- GI
- Property type
- Manufacturing properties
- APN
- 116-04-004
- APU
- 11604004
Description
This exceptional mixed-use property, located at 15300 Waterloo Rd in Cleveland, Ohio, presents a compelling investment opportunity. The building, constructed in 1916, boasts 3,600 square feet on a 0.053-acre lot and is zoned for mixed use. The property features four fully rented micro-suites on the second floor, currently operating at 80% occupancy. The ground floor offers versatile commercial space, previously used as a salon, comprising two large rooms, a smaller private office/storage area, and a bathroom. This high-visibility corner location benefits from significant foot traffic. The building is a single-story Class C structure with a gross lease type and multi-tenant occupancy. The asking price is $299,900, representing a 7.00% cap rate. This property is ideal for owner-occupants seeking a blend of business and rental income or investors looking for a strong return in a revitalizing area. The property's location in the Waterloo area of North Collinwood offers significant potential for growth and increased value. While the seller also owns a separate five-unit building at 15410-18 Waterloo Rd, this listing is solely for the property at 15300 Waterloo Rd. This is a rare opportunity to acquire a well-situated mixed-use building in a rapidly developing neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,030,000
- 6.5%
- $3,720,000
- 7%
- $3,450,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,507,000
- AI Estimate
- $5,851,000
Market price range: $1.22M - $4.51MMarket price range: $1.16M - $5.85M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $6,390,000
- NEIGHBORHOOD: SHOPPING CENTER
- $5,960,000
- AUTO REPAIR, GARAGE
- $5,235,000
- COMMERCIAL (GENERAL)
- $4,875,000
- RETAIL STORES
- $3,770,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5745
- Latitude
- 41.566
- 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
$79,375
$109,310
$684,220
$793,530
-
$312,300
$1,954,900
$2,267,200
