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    Property profile & analytics

    3008 Clark Ave Cleveland, OH 44109

    • Grocery and convenience stores
    • 33,930 SF
    • 2.28 lot acres
    OFF-MARKET
    Value Estimation
    $2,145,000
    Last Sale
    Feb 21, 2020
    $2,468,000
    Location Intelligence
    Property ID
    US66-2798106
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3008 Clark Ave

    Year built
    1966
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.28 lot acres
    Property size
    33,930 SF
    Zone code
    GR
    Property type
    Grocery and convenience stores
    APN
    007-26-028
    APU
    726028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,650,000
      6.5%
      $2,400,000
      7%
      $2,635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,495,000
      Geo Method
      $2,215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,265,000
      Retail
      $2,295,000
      Mixed-Use
      $2,395,000
      Hospitality
      $2,630,000
      Educational
      $2,605,000
      Residential Income
      $2,185,000
      Energy
      $2,980,000
      Income-Based Land
      $2,610,000
      Food Service
      $2,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7025
    Latitude
    41.4705
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $86,270
    $114,490
    $749,320
    $863,810
    -
    $327,100
    $2,140,900
    $2,468,000

    Comparable in this City

    • Value Estimation
      $215,000
      3,600 SF

      3720 Denison Ave

      CONVENIENCE STORE • 3,600 SF
      3720 Denison Ave, Cleveland, OH 44109
      View Details
    • Value Estimation by Request
      2,611 SF

      3101 Scranton Rd

      CONVENIENCE STORE • 2,611 SF
      3101 Scranton Rd, Cleveland, OH 44109-1631
      View Details
    • Value Estimation by Request
      0.12 Acres

      4785 Pearl Rd

      GROCERY, SUPERMARKET • 0.12 Acres
      4785 Pearl Rd, Cleveland, OH 44109-5154
      View Details
    • Value Estimation by Request
      3,600 SF

      3317 34th St

      CONVENIENCE STORE • 3,600 SF
      3317 34th St, Cleveland, OH 44109
      View Details
    • Value Estimation
      $245,000
      2,730 SF

      4621 Broadview Rd

      CONVENIENCE STORE • 2,730 SF
      4621 Broadview Rd, Cleveland, OH 44109-4666
      View Details
    • Value Estimation
      $595,000
      21,672 SF

      2704 Clark Ave

      GROCERY, SUPERMARKET • 21,672 SF
      2704 Clark Ave, Cleveland, OH 44109-1115
      View Details

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    Similar Nearby for Lease

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      Retail or office space with high visibility in Cleveland.
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      Prime Restaurant Endcap, High Traffic
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      Retail spaces available with high traffic and customer volume.
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      14,308 SF

      Freestanding Retail Building For Lease

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      Renovated 7,300 SF space in historic Cleveland building.
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      Steelyard Commons Retail Space

      Cleveland Retail Space: High Traffic Location
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      View Details
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    3008 Clark Ave
    Cleveland, OH 44109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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