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Property profile

1615 Merwin Ave Cleveland, OH 44113

OFF-MARKET
Manufacturing properties
Property ID
US66-2306332
19,134 SF 0.25 ac lot Built 1880
Individually Owned 2-yr Hold Free & Clear

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1880
Construction WOOD
Total area 19,134 SF
Lot 0.25 ac (10,894 SF)
Zoning code GI
APN 101-16-019
UPID US66-2306332

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
  • Roofing Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2017
Price N/A
2012
$155,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GI · Cleveland, OH

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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