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Property profile & analytics
OFF-MARKET
Auto shops

2343 Superior E Ave Cleveland, OH 44114-4224

2,301 SF 0.29 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-1880761
Property summary
AI-generated overview

This exceptional .55-acre commercial land parcel presents a unique opportunity for development. Strategically located at the signalized intersection of Superior Avenue East and East 24th Street in Cuyahoga County, Ohio, this single-tenant site offers unparalleled visibility and accessibility. The property benefits from convenient freeway access to I-90 East (connecting to SR-2), and I-90 West (linking to I-71 and I-77), ensuring seamless transportation for both employees and customers. This location places the property within the vibrant Superior Arts District, just one block north of the Cleveland State University campus district and a mile east of Public Square. The site is available for ground lease or build-to-suit options, providing flexibility for various development projects. Furthermore, the property's location will benefit from the upcoming Cleveland Midway Superior Avenue project, a significant initiative scheduled to begin in 2025, designed to enhance safety and accessibility for pedestrians, cyclists, drivers, and public transit users along Superior Avenue from East 55th Street to Public Square. This planned infrastructure improvement will further elevate the property's value and appeal. Don't miss this chance to secure a prime commercial land parcel in a rapidly developing area.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Construction TYPE NOT SPECIFIED
Total area 2,301 SF
Lot 0.29 ac (12,551 SF)
Zoning code SI
APN 102-16-040
UPID US66-1880761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • dimension auto repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rjl 2343 Sa LLC · 3 yrs held
Rjl 2343 Sa LLC
since 2022
Last sale
$420,000
2 recorded transactions
2022
$420,000
2012
$178,000
Zoning & alternative use
SI · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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