Financial
Distress signals
Property profile

2831 Prospect E Ave Cleveland, OH 44115

OFF-MARKET
Retail space
Property ID
US66-2082664
5,000 SF 0.28 ac lot Built 1967
Last sale Aug 2012 · $190,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding commercial building containing approximately 5,000 square feet of space on a lot of approximately 0.283 acres. It is zoned for Light Industry and includes gated on-site parking. The interior layout is flexible, supporting multiple configurations for use as retail, office, or light industrial space. The building is located near Downtown Cleveland, major hospitals, Cleveland State University, and provides access to nearby highways.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$105k
Assessed land$52k
Assessed improvement$53k

Value estimate

· Sep 2026
$185k
$167k – $204k
AI approach$185k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath11.8
Garden Center10.7
Skin Care Clinic10.6

Location

2831 Prospect E Ave Cleveland, OH 44115-2606
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2025 Ontario, Cleveland, OH 44115-1028 $2,400,000 Aug 2024 86,164 SF
1802 Carnegie, Cleveland, OH 44115 $127,900 Dec 2023 7,987 SF
3101 Euclid, Cleveland, OH 44115-2521 $1,750,000 Aug 2023 71,600 SF
3855 Carnegie, Cleveland, OH 44115-2763 $1,200,000 Jul 2023 8,750 SF
620 Prospect E, Cleveland, OH 44115 $26,500,000 Jan 2023 11,296 SF
3917 Prospect E, Cleveland, OH 44115-2761 $49,375 Feb 2020 3,270 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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