Financial
Distress signals
Property profile

2040 Lee Rd 44 Cleveland Heights, OH 44118

OFF-MARKET
Warehouses
Property ID
US66-1144324
12,420 SF 0.81 ac lot Built 1921
Last sale Apr 2022 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$162k
Assessed land$49k
Assessed improvement$113k
Effective rate14.55%

Value estimate

· Sep 2026
$690k
$621k – $759k
AI approach$760k
CAP approach$910k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables6

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?
S2
Chap. 1145. S-2 Mixed Use District. Chap. 1147. Planned Development Overlay District. CHAPTER 1141 Planned Development Objectives 1141.01...
General categoryMIXED_USE
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.3
Dental Office12.0
Furniture Store10.3

Location

2040 Lee Rd, Unit 44 Cleveland Heights, OH 44118-2557
County assessor Recorded deeds · 5 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13179 Cedar, Cleveland Heights, OH 44118-2724 $900,000 Feb 2023 24,124 SF
2317-2319 Lee, Cleveland Heights, OH 44118 $495,000 Mar 2022 7,316 SF
1637 Lee, Cleveland Heights, OH 44118-1710 $951,800 Dec 2021 11,960 SF
1636 Lee, Cleveland Heights, OH 44118 $1,700,000 Dec 2021 23,667 SF
2037 Lee, Cleveland Heights, OH 44118-2556 $86,500 Nov 2019 8,063 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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