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Financial
Distress signals
Property profile

18611 Detroit Ave Lakewood, OH 44107

OFF-MARKET
Office buildings
Property ID
US66-1148059
2,590 SF 0.17 ac lot Built 1924
Last sale Nov 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space in a historical building on Detroit Avenue in Lakewood, Ohio, located along the border of Rocky River and adjacent to Harry Buffalo. The interior layout includes an open bullpen area with private offices, and a large skylight that provides natural light to the main workspace. The space is configured to support a range of office uses, including small businesses, insurance-related operations, legal offices, and marketing firms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$145k
Assessed land$21k
Assessed improvement$124k
Effective rate10.83%

Value estimate

· Oct 2026
$580k
$522k – $638k
AI approach$465k
CAP approach$580k
Submarket $/SF estimate$760k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293
Qualifying comparables5

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?
C2
TheC2 Retail Districtis established to provide standards for the continued operation of small commercial establishments. This district wo...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.9
Food Market12.9
Grocery Store11.5

Location

18611 Detroit Ave Lakewood, OH 44107-3205
County assessor Recorded deeds · 2 transfers 5 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
12214 Detroit, Lakewood, OH 44107-3021 $140,000 Oct 2023 2,280 SF
17017 Madison, Lakewood, OH 44107-3501 $400,000 Sep 2023 4,368 SF
17119 Madison, Lakewood, OH 44107-3503 $315,000 Mar 2023 2,446 SF
1406 Wyandotte, Lakewood, OH 44107-4724 $522,000 Jan 2022 3,895 SF
13428 Madison, Lakewood, OH 44107-4705 $400,000 Oct 2019 3,332 SF
1585 117th, Cleveland, OH 44107-5254 $140,000 Nov 2018 1,925 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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