Technical
Financial
Distress signals
Property profile

4002 40th St Cleveland, OH 44103

OFF-MARKET
Auto shops
Property ID
US66-2392560
1,300 SF 0.28 ac lot Built 1959
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1959
Construction TYPE NOT SPECIFIED
Total area 1,300 SF
Lot 0.28 ac (12,414 SF)
Zoning code MMUD-3
APN 103-17-005
UPID US66-2392560

Cap rate & NOI

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

Location

4002 40th St Cleveland, OH 44103
Cleveland metro Census 108701 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2021
Last sale
$130,000
3 recorded transactions
2021
Price N/A
2007
Price N/A
2002
$130,000

Zoning & alternative use

MMUD-3 · Cleveland, OH
Zoning description

A Midtown Mixed Use District and its regulations are established in order to permit and encourage an intensity and mix of development that supports and implements the development policies that have been established for t…

General category MIXED_USE

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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