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Property profile & analytics

3040 Carnegie Ave Cleveland, OH 44115-2631

  • Drive through restaurants
  • 988 SF
  • 0.68 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-5699099
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

  • Rally's / Chicken Restaurant / Hamburger Restaurant

Property Details for 3040 Carnegie Ave

Year built
2013
Construction
WOOD
Lot size
0.68 lot acres
Property size
988 SF
Zone code
SI
Property type
Drive through restaurants
APN
103-15-004
APU
10315004

Description

This exceptional 988-square-foot retail property, formerly a Rally's restaurant, presents a prime opportunity in Cleveland's vibrant Midtown. Situated on a 0.68-acre lot at 3040 Carnegie Avenue, this QSR (Quick Service Restaurant) space benefits from its high-visibility location and exceptional daily traffic counts. Carnegie Avenue boasts an impressive 29,667 vehicles per day, ensuring significant exposure for any business. The property's strategic location places it in close proximity to Cleveland's bustling downtown core, Cleveland State University, the renowned Cleveland Clinic, and University Circle, guaranteeing a large and diverse customer base. The surrounding area is home to numerous national quick-service restaurant operators, indicating a strong and established market for food service businesses. This property is available for sale or lease and offers an excellent chance to establish or expand a successful food service operation in a prime Cleveland location. The property's existing infrastructure, as a former restaurant, could significantly reduce start-up costs and time. This is a rare opportunity to acquire a well-positioned commercial property in a high-demand area. The property is located in Cuyahoga County, Ohio, with a zip code of 44115.


Value Estimations

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Location Insight

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  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.666
Latitude
41.4995
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
$16,321
$68,810
$94,610
$163,420
-
$196,600
$270,300
$466,900
More about this property
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