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    Property profile & analytics

    16601 Euclid Ave Cleveland, OH 44112-1405

    • Grocery and convenience stores
    • 2,080 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Jan 09, 2025
    $160,000
    Location Intelligence
    Property ID
    US66-1805407
    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

    • PCC Airfoils / Aircraft Supply Store
    • ATM (Gas USA) / Atm / Gas Station
    • Five In One / Fast Food Restaurant
    • bp / Gas Station / Car Wash
    • Gas USA / Gas Station / Convenience Store

    Property Details for 16601 Euclid Ave

    Year built
    1965
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.37 lot acres
    Property size
    2,080 SF
    Zone code
    LR
    Property type
    Grocery and convenience stores
    APN
    117-02-006
    APU
    11702006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $165,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $135,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $130,000
      Geo Method
      $120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $150,000
      Mixed-Use
      $120,000
      Hospitality
      $150,000
      Educational
      $160,000
      Residential Income
      $135,000
      Energy
      $125,000
      Income-Based Land
      $135,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5644
    Latitude
    41.5475
    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
    $5,324
    $11,900
    $41,410
    $53,310
    -
    $34,000
    $118,300
    $152,300

    Comparable in this City

    • Value Estimation
      $460,000
      2,667 SF

      13441 Euclid Ave

      CONVENIENCE STORE • 2,667 SF
      13441 Euclid Ave, East Cleveland, OH 44112-4506
      View Details
    • Value Estimation by Request
      0.07 Acres

      2351 Greyton Rd

      GROCERY, SUPERMARKET • 0.07 Acres
      2351 Greyton Rd, Cleveland Heights, OH 44112
      View Details
    • Value Estimation
      $285,000
      2,520 SF

      14913 Euclid Ave

      CONVENIENCE STORE • 2,520 SF
      14913 Euclid Ave, East Cleveland, OH 44112-3407
      View Details
    • Value Estimation
      $160,000
      2,075 SF

      12800 Euclid Ave

      CONVENIENCE STORE • 2,075 SF
      12800 Euclid Ave, East Cleveland, OH 44112-4735
      View Details
    • Value Estimation
      $340,000
      19,470 SF

      1325 Hayden Ave

      GROCERY, SUPERMARKET • 19,470 SF
      1325 Hayden Ave, East Cleveland, OH 44112-1803
      View Details
    • Value Estimation
      $245,000
      1,680 SF

      1980 Noble Rd

      CONVENIENCE STORE • 1,680 SF
      1980 Noble Rd, East Cleveland, OH 44112-1723
      View Details

    Similar Nearby for Sale

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      East Cleveland Retail Strip Center

      8,310 SF retail center in high-traffic area.
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    • $4,000,000

      Euclid Avenue Retail Opportunity

      Retail properties available for sale on Euclid Avenue.
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      Prime retail space, strong tenant base, high ROI potential.
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      Cleveland Duplex For Sale

      Fully rented duplex producing over $1400 monthly rental income.
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      Part of a seven-building portfolio with strong in-place rent.
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      Affordable duplex with updates in rental-friendly Cleveland neighborhood.
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Retail Space on Euclid Avenue

      Retail space available in East Cleveland, Ohio.
      14325-14343 Euclid Ave, East Cleveland, OH 44112
      View Details
    • Contact for pricing
      23,325 SF

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      17,000 SF Flex Space, Prime Location
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      View Details
    • Contact for pricing
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      Cleveland Town Center Retail Space

      High-traffic retail plaza; spaces available.
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    • Contact for pricing
      66,114 SF

      Forest Hills Shopping Center: Prime Retail Space

      East Cleveland retail center, multiple spaces available.
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    • $5,650,000
      265,000 SF

      Euclid Avenue Industrial Property

      265,000 SF industrial property with ample parking and excellent access.
      18513 Euclid Ave, Cleveland, OH 44112
      View Details
    • Contact for pricing
      1,072,296 SF

      Nela Park: Premier East Cleveland Campus

      Historic Industrial/Medical Office Space
      1975 Noble Rd, East Cleveland, OH 44112
      View Details
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    Cleveland, OH 44112-1405
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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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