Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3826 Carnegie Ave Cleveland, OH 44115-2718
    Back to Search
    Property profile & analytics

    3826 Carnegie Ave, Cleveland, OH 44115-2718

    View on Map
    • Car washes
    • 2,605 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US66-0317628
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eddy's Square Deal Hand Car / Car Wash

    Property Details for 3826 Carnegie Ave

    Year built
    1924
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.17 lot acres
    Zone code
    GR
    Property type
    Car washes
    APN
    103-16-055
    APU
    10316055

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 22, 2006 $150,000 Carmella V Allen Johnson,dorothy Quit Claim Deed · related $113k · Interbay Funding LLC
    Oct 11, 2000 $170,000 Amie Bray Fletcher,vera A & Charles L Grant Deed $145k · National City Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.659
    Latitude
    41.5006
    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
    $3,685
    $16,140
    $20,760
    $36,900
    -
    $46,100
    $59,300
    $105,400

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      Carnegie Ave

      CAR WASH - AUTOMATED
      Carnegie Ave, Cleveland, OH 44115
      View Details
    • Value Estimation by Request
      7,800 SF

      3606 Carnegie Ave

      CAR WASH
      3606 Carnegie Ave, Cleveland, OH 44115-2714
      View Details
    • Value Estimation by Request
      0.11 Acres

      3950 Broadway Ave

      CAR WASH - AUTOMATED
      3950 Broadway Ave, Cleveland, OH 44115-3614
      View Details
    • Value Estimation by Request
      7,200 SF

      2640 37th St

      AUTO REPAIR, GARAGE
      2640 37th St, Cleveland, OH 44115
      View Details
    • Value Estimation
      $4,370,000
      295,482 SF

      21 Prospect E Ave

      PARKING GARAGE, PARKING STRUCTURE
      21 Prospect E Ave, Cleveland, OH 44115-1012
      View Details
    • Value Estimation
      $1,925,000
      93,824 SF

      Prospect Ave

      PARKING GARAGE, PARKING STRUCTURE
      Prospect Ave, Cleveland, OH 44115
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,000 SF

      Campus District Corner Property

      Two-story building with basement and dedicated parking in Campus District.
      2930 Euclid Ave, Cleveland, OH 44115
      View Details
    • Contact for pricing
      12,918 SF

      Mixed-Use Building with Parking Lot

      Mixed-use building with parking in downtown Cleveland near stadiums.
      310 Prospect Ave E, Cleveland, OH 44115
      View Details
    • Contact for pricing

      Downtown Cleveland Retail Land Available

      1.12 acres of retail land in Downtown Cleveland.
      2177 E 9Th St, Cleveland, OH 44115
      View Details
    • Contact for pricing

      Mixed-Use Building Redevelopment Opportunity

      23-unit mixed-use building with redevelopment potential in prime location.
      3226 Euclid Ave, Cleveland, OH 44115
      View Details
    • Contact for pricing
      17,424 SF

      Starr Piano Lofts Investment Opportunity

      Mixed-use building with residential and retail units in Cleveland.
      1224 Huron Rd E, Cleveland, OH 44115
      View Details
    • Contact for pricing
      17,424 SF

      Mixed-Use Building in Theater District

      New mixed-use building with residential and retail units.
      1224 Huron Rd, Cleveland, OH 44115
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      69,079 SF

      Downtown Cleveland Office Space Available

      Class A office building with attached parking garage.
      1350 Euclid Ave, Cleveland, OH 44115
      View Details
    • Contact for pricing

      Retail Space Downtown Cleveland Gateway

      Retail space available at the gateway to downtown Cleveland.
      21 Prospect Ave E, Cleveland, OH 44115
      View Details
    • Contact for pricing
      27,056 SF

      Flagship Restaurant Space Available

      High-profile restaurant space near Progressive Field and Rocket Mortgage Fieldhouse.
      800-850 Prospect Ave, Cleveland, OH 44115
      View Details
    • Contact for pricing
      1,265,477 SF

      Downtown Cleveland Retail Space

      Prime Cleveland retail, multiple spaces available
      200 Public Sq, Cleveland, OH 44115
      View Details
    • Contact for pricing
      2,127 SF

      Restaurant Space Under Lofts Apartment

      Second generation restaurant space under 1900 The Lofts Apartment.
      1900 Euclid Ave, Cleveland, OH 44115
      View Details
    • Contact for pricing
      14,722 SF

      Retail Space Near Wolstein Center

      Retail space for lease near Cleveland State University.
      1835-1859 Prospect Ave E, Cleveland, OH 44115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3826 Carnegie Ave
    Cleveland, OH 44115-2718
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3826 Carnegie Ave, Cleveland, OH, 44115
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!