Technical
Financial
Distress signals
Property profile

3601 Lee Rd Shaker Heights, OH 44120

OFF-MARKET
Retail space
Property ID
US66-5798924
1,650 SF 0.14 ac lot Built 1949
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction TYPE NOT SPECIFIED
Total area 1,650 SF
Lot 0.14 ac (6,300 SF)
Zoning code C3
APN 735-27-018
UPID US66-5798924

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Clothing Store

Location

3601 Lee Rd Shaker Heights, OH 44120-5108
Shaker Heights metro Census 183604 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2021
Last sale
$37,300
3 recorded transactions
2021
$37,300
2020
$30,000
1969
Price N/A

Zoning & alternative use

C3 · Shaker Heights, OH
Zoning description

District is to provide an environment for a range of business enterprises such as small scale research, distributing and technical uses that do not produce environmental impacts or nuisances or otherwise create nuisances…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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