2630 Payne Ave Cleveland, OH 44114
Property profile & analytics
2630 Payne Ave Cleveland, OH 44114
- Warehouses
- 65,188 SF
- 0.44 lot acres
Property ID
US66-1548618
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Twin Lanes Pro-Shop / (Bike/Boat/Book/etc) Store / Bowling Alley
- Ohio Wholesale Business Furniture / Big Box & Wholesale Store / Furniture & Home Goods
Property Details for 2630 Payne Ave
- Year built
- 1921
- Construction
- CONCRETE
- Lot size
- 0.44 lot acres
- Property size
- 65,188 SF
- Zone code
- SI
- Property type
- Warehouses
- APN
- 102-34-036
- APU
- 10234036
Description
This exceptional 65,188-square-foot flex space industrial building at 2630 Payne Avenue in Cleveland, Ohio, presents a compelling redevelopment opportunity. Priced at $1,900,000 ($29.15/sq ft), this four-story property boasts 16-foot ceiling heights, passenger and freight elevators, and ample on-site parking. Situated in a high-growth area adjacent to the Cleveland State University campus, this location benefits from the university's master plan, projecting 20,000 students by 2024. The property's high visibility and immediate access to I-90 enhance its appeal. Built in 1921, this historic brick warehouse is located within an Opportunity Zone and may qualify for Historic Preservation and/or New Market Tax Credits. The property includes an additional land/lot and an adjacent parcel at 1764 E 27th Street, expanding its potential. Ideal for residential or mixed-use conversion, this asset offers significant upside for investors seeking a prime location in a rapidly developing area. The property's size, features, and strategic location combine to create a unique investment opportunity with substantial long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6702
- Latitude
- 41.5071
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,223
$29,300
$123,130
$152,430
-
$83,700
$351,800
$435,500
