Property profile

2206 Lee Rd Cleveland Heights, OH 44118

OFF-MARKET
Turn key restaurants
Property ID
US66-1981960
3,366 SF 0.13 ac lot Built 1927
Entity Owned 23-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1927
Construction TYPE NOT SPECIFIED
Total area 3,366 SF
Lot 0.13 ac (5,560 SF)
Zoning code C2-X
APN 686-14-021
UPID US66-1981960

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2206 Lee Rd Cleveland Heights, OH 44118-2902
Cleveland Heights metro Census 141500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

C2-X · Cleveland Heights, OH
Zoning description

, side yard transition zones shall be designed in accordance with Section 1131.16 Side Yard Transition Zones Standards. (c) Frontage Zone Requirements: Frontage zone requirements shall be as set forth in Section 1131.15…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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