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    Property profile & analytics

    3038 117th St Cleveland, OH 44111-1645

    • Grocery and convenience stores
    • 2,016 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US66-2679839
    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

    • Giant Eagle Getgo / Gas Station / Convenience Store
    • GetGo Gas Station & WetGo Car Wash / Gas Station / Convenience Store
    • First National Bank ATM / Atm
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 3038 117th St

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.18 lot acres
    Property size
    2,016 SF
    Zone code
    GR
    Property type
    Grocery and convenience stores
    APN
    021-18-012
    APU
    2118012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $450,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $470,000
      Mixed-Use
      $435,000
      Hospitality
      $555,000
      Educational
      $505,000
      Residential Income
      $415,000
      Energy
      $505,000
      Income-Based Land
      $440,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7694
    Latitude
    41.4692
    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
    $53,947
    $289,000
    $251,160
    $540,160
    -
    $825,700
    $717,600
    $1,543,300

    Comparable in this City

    • Value Estimation
      $185,000
      2,500 SF

      3387 117th St

      CONVENIENCE STORE • 2,500 SF
      3387 117th St, Cleveland, OH 44111-3602
      View Details
    • Value Estimation
      $270,000
      1,568 SF

      3266 117th St

      CONVENIENCE STORE • 1,568 SF
      3266 117th St, Cleveland, OH 44111-1703
      View Details
    • Value Estimation
      $195,000
      0.13 Acres

      3387 117th St

      GROCERY, SUPERMARKET • 0.13 Acres
      3387 117th St, Cleveland, OH 44111-3602
      View Details
    • Value Estimation by Request
      3,674 SF

      3654 117th St

      CONVENIENCE STORE • 3,674 SF
      3654 117th St, Cleveland, OH 44111-5275
      View Details
    • Value Estimation by Request
      86,225 SF

      3038 117th St

      GROCERY, SUPERMARKET • 86,225 SF
      3038 117th St, Cleveland, OH 44111-1645
      View Details
    • Value Estimation
      $260,000
      3,600 SF

      12500 Lorain Ave

      CONVENIENCE STORE • 3,600 SF
      12500 Lorain Ave, Cleveland, OH 44111
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,250 SF

      Kamm's Corner Redevelopment Opportunity

      Redevelopment opportunity in Kamm's Corners District on Lorain Ave.
      15200-15220 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      34,250 SF

      Kamm's Corners Redevelopment Opportunity

      34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District.
      15200 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      34,250 SF

      Kamm's Corners Redevelopment

      Prime Retail Redevelopment Opportunity
      15200 Lorain Ave, Cleveland, OH 44111
      View Details
    • $2,650,000
      28,794 SF

      Former Auto Dealership on Lorain

      28,794 SF former auto dealership on 2.46 AC.
      16100 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing

      0.4 Acre Commercial Land, Cleveland

      Prime Cleveland location, high traffic, development ready.
      14039 Lorain Ave, Cleveland, OH 44111
      View Details
    • $495,000
      Pending

      Classic Triplex with Upgrades

      Well-maintained triplex with upgrades, strong rental income, and appreciation potential.
      3301 West Blvd, Cleveland, OH 44111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,250 SF

      Retail Space in Community Center

      Retail space available in a busy Cleveland shopping center.
      10604-10950 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      6,617 SF

      Retail Space on Warren Road

      6,617 sq ft retail space available for rent.
      3300-3362 Warren Rd, Cleveland, OH 44111
      View Details
    • Contact for pricing
      4,123 SF

      Retail Spaces with Drive-Thru Potential

      Retail spaces available, can be combined, drive-thru opportunity, ample parking.
      13693-13711 Lorain Ave, Cleveland, OH 44111
      View Details
    • $8 SF/Yr
      5,500 SF

      Retail Space Available For Rent

      5,500 square feet of retail space for lease.
      12118 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      2,250 SF

      Lorain Avenue Retail Space Available

      Retail spaces available in multi-tenant buildings on Lorain Avenue.
      14105-14121 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      1,185 SF

      Freestanding Retail Building For Lease

      Freestanding retail building in high-density area with drive-thru potential.
      14002 Triskett Rd, Cleveland, OH 44111
      View Details
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    Cleveland, OH 44111-1645
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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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