You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,210,000
Office buildings

40 Severance Cir Cleveland Heights, OH 44118-1501

69,375 SF 5.58 ac lot Built 1982
Entity Owned 27-yr Hold Free & Clear
Property ID
US66-2421465
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 69,375 SF
Lot 5.58 ac (243,239 SF)
Zoning code S1
APN 683-25-002
UPID US66-2421465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.96M
Comparable Approach Comparable
$14.40M
Blend (final) Blend
$1.21M
Owner & transaction history
Cleveland Heights City · 27 yrs held
Cleveland Heights City
since 1999
1 recorded transaction
1999
Price N/A
Zoning & alternative use
S1 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1115.11 Review of development plans for S-1 Mixed Use District. 1115.12 Schedule of fees. 1115.13 Special exceptions. CROSS REFERENCES Zoning Administrator - see P. & Z. Ch. 1107 Board of Zoning Appeals - see P. & Z. Ch. 1109 Planning Commission - see P. & Z. Ch. 1111 1115.01 PURPOSE. (a) In order to accomplish the purposes for which this Zoning Code is adop…

Zone name Mixed Use District
General category MIXED_USE
Zone area 153.81 ac
Source Zoning Code adopted 20240116
Top alternative use upside
Restaurant $11.7M +4.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 Severance Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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