Technical
Financial
Distress signals
Property profile

2794 116th St Cleveland, OH 44120

OFF-MARKET
Medical Office Space
Property ID
US66-6115512
2,535 SF 0.11 ac lot Built 1910
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1910
Total area 2,535 SF
Lot 0.11 ac (4,800 SF)
Zoning code LR
APN 128-09-025
UPID US66-6115512

Cap rate & NOI

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

Location

2794 116th St Cleveland, OH 44120-2111
Cleveland metro Census 198600 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2015
4 recorded transactions
2015
$5.6M
2006
$5.8M
2005
$5.3M
2004
$197,500

Zoning & alternative use

LR · 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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