Property profile

15729 Madison Ave Lakewood, OH 44107

OFF-MARKET
Warehouses
Property ID
US66-1243035
5,780 SF 0.14 ac lot Built 1922
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1922
Construction WOOD
Total area 5,780 SF
Lot 0.14 ac (6,050 SF)
Zoning code C2
APN 313-16-001
UPID US66-1243035

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Spiritual Center
  • Big Box & Wholesale Store Bar & Pub
  • Metaphysical Supply Store Book Store

Location

15729 Madison Ave Lakewood, OH 44107-5612
Lakewood metro Census 161100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$575,000
3 recorded transactions
2023
Price N/A
2022
Price N/A
2020
$575,000

Zoning & alternative use

C2 · Lakewood, OH
Zoning description

TheC2 Retail Districtis established to provide standards for the continued operation of small commercial establishments. This district would permit those retail uses that typically locate side by side to create a shoppin…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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