Financial
Distress signals
Property profile

3402 Clark Ave Cleveland, OH 44109

OFF-MARKET
Retail space
Property ID
US66-0129131
11,297 SF 0.97 ac lot Built 1997
Last sale Jun 2020 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 11,500-square-foot single-tenant property, situated on a prominent corner lot at 3402 Clark Ave in Cleveland, Ohio, presents a unique investment opportunity. Originally constructed in 1998 and extensively renovated in 2017, the building boasts a modern design ideal for medical office use. The property sits on 1.1 acres of land, providing ample space and visibility. Its convenient location in the Cleveland near Metro Health submarket ensures high traffic and accessibility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$63k
Tax billed · 2023
Assessed value$542k
Assessed land$162k
Assessed improvement$380k
Effective rate11.54%

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.53M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$46/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$23 – $75
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GR
Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.0
Tailor Shop10.1
Dry Cleaner9.7

Location

3402 Clark Ave Cleveland, OH 44109-1136
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4711 State, Cleveland, OH 44109-5244 $337,000 Aug 2025 8,904 SF
3002 Clark, Cleveland, OH 44109-1144 $971,000 Jun 2025 6,768 SF
2011 Broadview, Cleveland, OH 44109-4263 $211,000 Jul 2024 4,512 SF
4256 Pearl, Cleveland, OH 44109-4202 $180,000 Jun 2024 6,464 SF
4755 Pearl, Cleveland, OH 44109-5151 $399,999 Jul 2022 23,046 SF
4828 State, Cleveland, OH 44109-5543 $285,000 May 2022 3,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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