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Property profile

1873 55th St Cleveland, OH 44103

OFF-MARKET
Office buildings
Property ID
US66-1079019
5,662 SF 1.91 ac lot Built 1910
Last sale Dec 2025 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 38,000-square-foot warehouse situated on a two-acre lot in Cleveland, Ohio. Located at 1873 East 55th Street, this property boasts a prime location on a signalized corner with Hough Avenue, within the bustling East 55th Corridor, experiencing a high daily vehicle count of 27,000. The building is currently 100% occupied by a single tenant under a triple-net lease (NNN), operating successfully for over 42 years, with a potential for a…

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?
$13k
Tax billed · 2023
Assessed value$128k
Assessed land$48k
Assessed improvement$79k
Effective rate9.99%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$370k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$62 – $322
Qualifying comparables4

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?
GR
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...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.9
Skin Care Clinic9.7
Realty agency9.6

Location

1873 55th St Cleveland, OH 44103-3641
County assessor Recorded deeds · 14 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5320 Stanard, Cleveland, OH 44103-1337 $400,000 Nov 2024 6,051 SF
1368 55th, Cleveland, OH 44103-1316 $275,000 Dec 2023 7,372 SF
6214 Carnegie, Cleveland, OH 44103 $380,000 Dec 2022 3,800 SF
1792 40th, Cleveland, OH 44103-3502 $152,000 Mar 2021 4,008 SF
4208 Prospect, Cleveland, OH 44103-4306 $1,200,000 Nov 2020 4,956 SF
1802 47th, Cleveland, OH 44103-2468 $39,600 Oct 2020 4,500 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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