Technical
Financial
Distress signals
Property profile

2575 Scranton Rd Cleveland, OH 44113

OFF-MARKET
Warehouses
Property ID
US66-2494443
3,480 SF 0.06 ac lot Built 1897
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,480 square foot retail building located at 2575 Scranton Road in Cleveland, Ohio, within Cuyahoga County, zip code 44113. The property sits on a 0.06-acre lot and is being offered at an asking price of $50,000. The building is a two-story structure with an additional basement level. It previously functioned as both a storefront retail space and residential living quarters. The property is in need of complete renovation due to significant water damage. This is an "as is" sale, requiring cash only transactions. Potential buyers should exercise caution when viewing the property due to its current condition. The seller is highly motivated to finalize a sale. This presents a unique chance to acquire a substantial property in a desirable location, ideal for an investor seeking a significant renovation project with high potential return. The property's size and location offer considerable redevelopment possibilities. Serious inquiries only.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1897
Construction WOOD
Total area 3,480 SF
Lot 0.06 ac (2,542 SF)
Zoning code SI
APN 004-20-076
UPID US66-2494443

Cap rate & NOI

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

Location

2575 Scranton Rd Cleveland, OH 44113-4362
Cleveland metro Census 104400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2024
5 recorded transactions
2024
$175,000
2024
$92,250
2023
$62,900
2023
Price N/A
2018
Price N/A

Zoning & alternative use

SI · Cleveland, OH

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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