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Property profile & analytics
OFF-MARKET Estimated value $780,000
Office buildings

27691 Euclid Ave Euclid, OH 44132-3550

19,548 SF 0.93 ac lot Built 1963
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-1471594
Property summary
AI-generated overview

This exceptional investment opportunity presents a substantial 25,308-square-foot retail property situated at 27691-27701 Euclid Avenue in Euclid, Ohio. The property, identified by APN 64830009, boasts a prime location, offering convenient access to I-90 via the Euclid Avenue exit. Built in 1963, this Class B, multi-tenant building comprises a single, two-story structure on a generous 1.87-acre lot. Currently zoned U4, the property offers significant upside potential for investors or owner-occupiers. The building's strong existing income stream provides a solid foundation for future growth. With a total of 25,308 square feet, the property presents a substantial footprint for a variety of uses. The building's history as a free-standing bank adds to its unique character and potential for adaptive reuse. This landmark property represents a rare opportunity to acquire a significant commercial asset in a thriving Euclid location. The asking price is $675,000. Detailed financial information is available upon request.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction TYPE NOT SPECIFIED
Total area 19,548 SF
Lot 0.93 ac (40,728 SF)
Zoning code U4
APN 648-30-009
UPID US66-1471594
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$780k
Owner & transaction history
Tnac Properties IV LLC · 1 yrs held
Tnac Properties IV LLC
since 2024
Last sale
$505,000
3 recorded transactions
2024
$505,000
1997
$190,000
1969
Price N/A
Zoning & alternative use
U4 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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