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    Property profile & analytics

    3837 Rdg Rd Cleveland, OH 44144-1111

    • Turn key restaurants
    • 4,636 SF
    • 2.28 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    May 20, 2024
    $146,000
    Location Intelligence
    Property ID
    US66-0616552
    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

    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Castle On Ridge / Flea Market
    • Clark Used Auto Sales / Used Car Dealer
    • Sara Auto Mall LLC / Used Car Dealer
    • The Castle Party Center / Event Venue

    Property Details for 3837 Rdg Rd

    Year built
    1953
    Construction
    WOOD
    Lot size
    2.28 lot acres
    Property size
    4,636 SF
    Zone code
    SI
    Property type
    Turn key restaurants
    APN
    013-09-006
    APU
    1309006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $215,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $190,000
      Mixed-Use
      $225,000
      Hospitality
      $220,000
      Educational
      $235,000
      Residential Income
      $200,000
      Energy
      $245,000
      Income-Based Land
      $200,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.736
    Latitude
    41.4516
    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
    $8,082
    $52,080
    $28,840
    $80,920
    -
    $148,800
    $82,400
    $231,200

    Comparable in this City

    • Value Estimation by Request
      3,758 SF

      9617 Clinton Rd

      RESTAURANT • 3,758 SF
      9617 Clinton Rd, Brooklyn, OH 44144-1029
      View Details
    • Value Estimation
      $615,000
      6,598 SF

      7341 Northcliff Ave

      RESTAURANT • 6,598 SF
      7341 Northcliff Ave, Brooklyn, OH 44144-3249
      View Details
    • Value Estimation
      $605,000
      3,218 SF

      6021 Memphis Ave

      RESTAURANT • 3,218 SF
      6021 Memphis Ave, Cleveland, OH 44144-2249
      View Details
    • Value Estimation
      $1,780,000
      6,056 SF

      4900 Tiedeman Rd

      RESTAURANT • 6,056 SF
      4900 Tiedeman Rd, Brooklyn, OH 44144-2338
      View Details
    • Value Estimation
      $250,000
      2,682 SF

      5109 Memphis Ave

      RESTAURANT • 2,682 SF
      5109 Memphis Ave, Cleveland, OH 44144-2230
      View Details
    • Value Estimation
      $425,000
      6,862 SF

      10310 Cascade Xing

      RESTAURANT • 6,862 SF
      10310 Cascade Xing, Brooklyn, OH 44144-2300
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Retail End Cap For Lease

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      113,000 SF

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      Cleveland Retail Space Available Now
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      Cleveland Retail Strip Center, 2 Spaces Available
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      6,058 SF

      Retail Space on Fulton Road

      6,058 sq ft retail space in Cleveland, Ohio.
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      2,300 SF

      Retail Space in Fulton Shopping Center

      Neighborhood shopping center with retail space for lease.
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      3,102 SF

      Retail Space Near Giant Eagle

      Retail spaces available near Giant Eagle with highway access.
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      View Details
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    Cleveland, OH 44144-1111
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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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