Financial
Distress signals
Property profile

20601 Fairmount Blvd Shaker Heights, OH 44118

OFF-MARKET
Strip malls
Property ID
US66-1647939
11,312 SF 1.06 ac lot Built 1942
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This retail space is located at the intersection of Fairmount Boulevard and Warrensville Center Road, within a neighborhood retail cluster and near the gateway to John Carroll University. The site experiences heavy roadway traffic, with approximately 24,000 vehicles passing daily (as stated in the listing). The surrounding area includes University Heights, Cleveland Heights, and Shaker Heights, with a combined population and employment base within a three-mile radius (as stated in the listing).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$122k
Tax billed · 2023
Assessed value$882k
Assessed land$156k
Assessed improvement$726k
Effective rate13.87%

Value estimate

· Sep 2026
$1.19M
$1.07M – $1.30M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$101/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$55 – $187
Qualifying comparables3

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
District to maintain and promote a mix of commercial uses which provide goods and services for the City as a whole and for the convenienc...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.0
Auto Repair Shop16.2
Wholesale Shop15.3

Location

20601 Fairmount Blvd Shaker Heights, OH 44118-4835
County assessor Recorded deeds · not on file 3 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

3 recorded sales · 10 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1955 Lee, Cleveland Heights, OH 44118-2162 $775,000 Aug 2021 8,770 SF
13910 Cedar, University Heights, OH 44118-3204 $38,750,000 Jul 2021 15,836 SF
Vernon, University Heights, OH 44118 $38,750,000 Jul 2021 No data
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20601 Fairmount Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message