Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Retail space
3002 Clark Ave Cleveland, OH 44109-1144
Entity Owned
Free & Clear
Property ID
US66-6203223
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
6,768 SF
Lot
0.19 ac (8,450 SF)
Zoning code
GR
APN
007-26-026
UPID
US66-6203223
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
-
AutoZone Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$880k
Owner & transaction history
King Mountain Properties LLC
King Mountain Properties LLC
since 2025
Last sale
$971,000
7 recorded transactions
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+263.5%
Office building
$1.1M
+248.6%
Medical building
$735,000
+134.2%
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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
RESTAURANT
$1,140,000
Change: +264% · Conversion: Easy
OFFICE BUILDING
$1,095,000
Change: +249% · Conversion: Easy
MEDICAL BUILDING
$735,000
Change: +134% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$685,000
Change: +118% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +79% · Conversion: Easy
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $971k (Jun 24 2025)
Last sale anchor
$971k
Jun 24 2025
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
$130 / 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
$30,586
Tax year 2023
Assessed value
$306,250
Assessed 2023
Previous assessed
$152,040
+101.4% YoY
Effective rate
9.99%
On assessed value
Assessed land
$8,890
Assessed improvement
$297,360
Land market value
$25,400
Improvement market value
$849,600
Total market value
$875,000
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
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
6
Bathrooms
1
Total area
6,768 SF
Lot
0.19 ac (8,450 SF)
Zoning code
GR
APN
007-26-026
UPID
US66-6203223
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
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
King Mountain Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
250 E 87TH ST APT 6A, NEW YORK, NY 10128-3119
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
$971,000
King Mountain Properties LLC
Lurcel Co INC
Deed
—
Sep 9, 2021
$1,372,000
Lurcel Co INC
Watch Hill Development LLC
Limited Warranty Deed
—
Mar 26, 2021
$970,000
Watch Hill Development LLC
Zaremba & Modern Investments
Limited Warranty Deed
—
Oct 4, 2005
$110,000
Zaremba Investments
Seguin,miriam G
Grant Deed
—
May 6, 1997
$30,000
Daniel R Seguin
Tong,haydee L
Grant Deed
$28,500 · Dollar Bank Fsb
—
—
Gisela Seguin
—
Deed Of Trust
related
$20,000 · Dollar Bank Fsb
—
—
Gisela Seguin
—
Deed Of Trust
related
$34,750 · Dollar Bank Fsb
—
—
Zaremba Investments
—
Deed Of Trust
related
$1,400,000 · Integra Bank Pittsburgh
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3002 Clark Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
