Financial
Distress signals
Property profile

16207 Detroit Ave Lakewood, OH 44107

OFF-MARKET
Retail space
Property ID
US66-0197155
11,331 SF 0.89 ac lot Built 1996
Last sale May 2026 · $1,821,904
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 11,325-square-foot freestanding retail building presents a unique investment opportunity in the thriving Lakewood market. Situated on a 0.89-acre lot, this single-tenant property boasts a prominent facade with excellent visibility from Detroit Avenue, ensuring high traffic and brand recognition. The building's strategic location offers unparalleled access, enhanced by signalized access to a major thoroughfare. The surrounding area demonstrates strong demographics, with over

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$65k
Tax billed · 2023
Assessed value$601k
Assessed land$214k
Assessed improvement$386k
Effective rate10.83%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.42M
CAP approach$1.68M
Sales comparison$1.25M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
TheC3 General Business Districtis established to provide for commercial uses that generally require independent, freestanding buildings, ...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market15.5
Grocery Store14.1
Parking Facility13.3

Location

16207 Detroit Ave Lakewood, OH 44107-3784
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16815 Madison, Lakewood, OH 44107-5401 $750,000 Feb 2026 9,280 SF
14824 Detroit, Lakewood, OH 44107 $1,530,000 Nov 2024 11,102 SF
17615 Detroit, Lakewood, OH 44107-3430 $210,000 Oct 2024 6,450 SF
13215 Detroit, Lakewood, OH 44107-2841 $1,200,000 Mar 2024 9,660 SF
16010 Detroit, Lakewood, OH 44107-3713 $225,000 Dec 2021 11,484 SF
13367 Madison, Lakewood, OH 44107-4843 $270,000 Aug 2021 6,782 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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