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    Property profile & analytics

    18407 Detroit Ave Lakewood, OH 44107-3312

    • Manufacturing properties
    • 2,820 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US66-2493647
    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

    • Manufacturing properties

    Property Details for 18407 Detroit Ave

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    2,820 SF
    Zone code
    C2
    Property type
    Manufacturing properties
    APN
    311-19-002
    APU
    31119002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $235,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $220,000
      Mixed-Use
      $245,000
      Hospitality
      $265,000
      Educational
      $245,000
      Residential Income
      $240,000
      Energy
      $265,000
      Income-Based Land
      $225,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8257
    Latitude
    41.4826
    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
    $5,315
    $26,990
    $22,090
    $49,080
    -
    $77,100
    $63,100
    $140,200

    Comparable in this City

    • Value Estimation
      $325,000
      14,000 SF

      1374 117th St

      MANUFACTURING (LIGHT) • 14,000 SF
      1374 117th St, Lakewood, OH 44107-3011
      View Details
    • Value Estimation
      $415,000
      14,400 SF

      1366 117th St

      MANUFACTURING (LIGHT) • 14,400 SF
      1366 117th St, Lakewood, OH 44107-3011
      View Details
    • Value Estimation
      $880,000
      34,026 SF

      13225 Lakewood Hts Blvd

      MANUFACTURING (LIGHT) • 34,026 SF
      13225 Lakewood Hts Blvd, Cleveland, OH 44107-6250
      View Details
    • Value Estimation by Request
      13.45 Acres

      13000 Athens Ave

      MANUFACTURING (LIGHT) • 13.45 Acres
      13000 Athens Ave, Lakewood, OH 44107-6239
      View Details
    • Value Estimation
      $255,000
      14,430 SF

      2160 Halstead Ave

      MANUFACTURING (LIGHT) • 14,430 SF
      2160 Halstead Ave, Lakewood, OH 44107-6244
      View Details
    • Value Estimation
      $295,000
      30,295 SF

      13300 Athens Ave

      MANUFACTURING (LIGHT) • 30,295 SF
      13300 Athens Ave, Lakewood, OH 44107
      View Details

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    Similar Nearby for Lease

    • $2,500 /Mo

      Furnished Suite with Skyline Views

      Furnished two-bedroom suite with downtown and water views.
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      View Details
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      3,280 SF

      Lakewood Office Space Available

      Historic Lakewood building, flexible office suites.
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      View Details
    • $1,000 /Mo
      Pending

      Retail Space in Lakewood, OH

      Retail space on the corner of Madison and Waterbury in Lakewood.
      13330 Madison Ave, Lakewood, OH 44107
      View Details
    • $20 SF/Yr
      2,850 SF

      Retail/Office Space Available For Lease

      2,850 SF retail/office space with improvements and parking.
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      View Details
    • Contact for pricing
      934 SF

      Lakewood Office Space Available

      934 SF office space for rent in Lakewood, Ohio.
      1435 Warren Rd, Lakewood, OH 44107
      View Details
    • $1,600 /Mo
      1,000 SF

      Retail Space in Birdtown Neighborhood

      Retail space in Lakewood's historic Birdtown neighborhood available for rent.
      13320-13322 Madison Ave, Lakewood, OH 44107
      View Details
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    Lakewood, OH 44107-3312
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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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