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Property profile & analytics
FOR LEASE
Parking lots & garages

18222 Lanken Ave Cleveland, OH 44119

0.13 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US66-5815443
Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.13 ac (5,662 SF)
Zoning code GR
APN 116-08-007
UPID US66-5815443
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FlexLink LLC Distribution Center
  • LC Fluharty Construction LLC Construction Company
  • Planet NRG Solutions LLC General Contractor
  • Kutoff Dovi Advertising Agency Marketing & Advertising
  • Vandakin Refrigeration General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vadakin Family LP · 7 yrs held
Vadakin Family LP
since 2019
4 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2007
$425,000
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75’ 8’ 86’7’6” 20’ 7’6” 52’6”’ 20’ 10’ 15’ 9’17’ 9’17’ 9’17’ 9’17’ 24’ 30’ 40’ 48’ 12’ 1 2 3 4 5 6 6 6 7 7 7 7 7 8 8 9 10 11 11 12 13 14 NOT SHOWN IN SAMPLE SITE PLAN:Generic Commercial Site Plan To be used in tandem with the…

Zone name General Retail Business
General category COMMERCIAL
Zone area 1.80 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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