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Property profile & analytics
OFF-MARKET
Retail space

2851 Noble Rd Cleveland Heights, OH 44121-2232

3,060 SF 0.21 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-1676419
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 3,060 SF
Lot 0.21 ac (9,000 SF)
Zoning code C2
APN 682-26-068
UPID US66-1676419
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lullaby Infant Club LLC · 5 yrs held
Lullaby Infant Club LLC
since 2020
Last sale
$200,000
6 recorded transactions
2020
$200,000
2016
Price N/A
2008
Price N/A
2001
Price N/A
2000
$213,000
1969
Price N/A
Zoning & alternative use
C2 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(b) The C-2 Local Retail District is established to provide standards for the continued operation of small neighborhood commercial establishments and to concentrate new retail businesses in buildings that typically locate side by side in order to promote and encourage pedestrian activity. Parking and driveways are generally located so as not to disrupt the p…

Zone name Retail District
General category COMMERCIAL
Zone area 43.14 ac
Source Zoning Code adopted 20240116
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