Financial
Distress signals
Property profile

2139 Hamilton Ave Cleveland, OH 44114

FOR LEASE
Manufacturing properties
Property ID
US66-1863438
7,747 SF 0.21 ac lot Built 1950
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,200 square foot flex space at 2139 Hamilton Avenue in Cleveland, Ohio, presents a fantastic opportunity for businesses seeking a versatile and efficient workspace. Located in Cuyahoga County, zip code 44114, this single-tenant property boasts a recently renovated warehouse and office area, making it ideally suited for a variety of uses. The space is move-in ready and features excellent storage capabilities, ample room for production or shop activities, and a well-appointed

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?
$6k
Tax billed · 2023
Assessed value$65k
Assessed land$17k
Assessed improvement$48k
Effective rate9.99%

Value estimate

· Sep 2026
$380k
$342k – $418k
AI approach$245k
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 394,151.29% cap applied$21k

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

Recently sold

What actually traded nearby?
$43/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$21 – $77
Qualifying comparables5

Cap rate analysis

How does the asset earn?
394,151.29%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Home Appliance Store8.2
Plumbing Service7.2

Location

2139 Hamilton Ave Cleveland, OH 44114
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3800 Payne, Cleveland, OH 44114-4319 $30,000 Sep 2024 6,874 SF
2240 Saint Clair NE, Cleveland, OH 44114-4017 $150,000 Mar 2023 12,320 SF
4800 Hamilton, Cleveland, OH 44114 $595,000 Nov 2022 9,244 SF
1512 36th, Cleveland, OH 44114 $100,000 Sep 2021 4,267 SF
5476 Lk, Cleveland, OH 44114-3902 $318,500 Jul 2020 8,432 SF
3316 King, Cleveland, OH 44114-3749 $150,000 Aug 2019 4,800 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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