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Property profile & analytics
OFF-MARKET
Estimated value
$5,530,000
Retail space
2901 Euclid Ave Cleveland, OH 44115-2424
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-0190996
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
TYPE NOT SPECIFIED
Total area
86,520 SF
Lot
0.83 ac (36,008 SF)
Zoning code
GR
APN
103-05-005
UPID
US66-0190996
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
Current use
Occupant on record · Public records
-
University Studios Condominium Complex Apartment Building
-
Tavia's School of Everything Physician
-
Safe Shipping Inspectors Inc Department Store
-
Chef T’s kitchen Restaurant
-
SPARKS CAFE & GRILL Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.28M
Blend (final)
Blend
$5.53M
Owner & transaction history
2901 Euclid Avenue LLC · 10 yrs held
2901 Euclid Avenue LLC
since 2015
7 recorded transactions
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.8M
+58.1%
Auto repair, garage
$7.7M
+38.8%
Commercial (general)
$7.2M
+29.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,545,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,765,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,700,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,170,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,400,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$5.53M
Range $4.98M – $6.08M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$191,805
Tax year 2023
Assessed value
$1,920,520
Assessed 2023
Previous assessed
$1,585,080
+21.2% YoY
Effective rate
9.99%
On assessed value
Assessed land
$176,960
Assessed improvement
$1,743,560
Land market value
$505,600
Improvement market value
$4,981,600
Total market value
$5,487,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
YES
Stories
8
Units
161
Bathrooms
114
Total area
86,520 SF
Lot
0.83 ac (36,008 SF)
Zoning code
GR
APN
103-05-005
UPID
US66-0190996
Jurisdiction
CUYAHOGA
Zoning & alternative use
GR · Cleveland, OH
Zoning GR · permitted uses
GR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
8
Units
161
Bathrooms
114
Lot
0.83 ac
Current owner
From public records · entity-resolved
2901 Euclid Avenue LLC
Entity
Mailing address
21400 LORAIN RD, FAIRVIEW PARK, OH 44126-2125
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
2901 Euclid Avenue LLC
—
Deed
related
$6,300,000 · Peoples Bank
Jul 1, 2016
—
2901 Euclid Avenue LLC
—
Deed
related
$850,000 · Joseph Miller
Jul 29, 2015
—
2901 Euclid Avenue LLC
12834-12836 State Rd LLC
Quit Claim Deed
related
—
Apr 29, 2014
—
12834-12836 State Rd LLC
12834-12836 State Rd LLC
Quit Claim Deed
related
$5,000,000 · Huntington Nat'l Bk
Jun 6, 2007
$1,300,000
12834-12836 State Rd LLC
Eldemire,gauntlett S JR & Marlene
Grant Deed
$1,275,000 · National City Bank
—
—
12834-12836 State Road LLC
—
Deed Of Trust
related
$2,500,000 · Rr Risman Philanthropic Inv Co
—
—
2901 Euclid Avenue LLC
—
Deed Of Trust
related
$6,975,000 · Starwood Mtg Cap
—
—
Gauntlett Eldemire
—
Deed Of Trust
related
$950,000 · Shorebank
—
—
2901 Euclid Avenue LLC
—
Deed Of Trust
related
$850,000 · Joseph Miller
—
—
Stillwater Three LLC
—
Deed Of Trust
related
$1,000,000 · Private Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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