Financial
Distress signals
Property profile

4120 Carnegie Ave Cleveland, OH 44103

FOR LEASE
Retail space
Property ID
US66-1060746
5,693 SF 0.46 ac lot Built 1941
Last sale Oct 2013 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 10,090-square-foot industrial warehouse, located at 4121 Carnegie Ave in Cleveland, Ohio, presents a compelling investment opportunity. The property sits on a 0.848-acre lot and is classified as a Class B building constructed in 1929. The single-story structure features a desirable 14-17 foot clear ceiling height, providing ample vertical space for various industrial uses. Access is facilitated by eight drive-in doors, ensuring efficient loading and unloading operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$105k
Assessed land$46k
Assessed improvement$59k
Effective rate9.99%

Value estimate

· Sep 2026
$210k
$189k – $231k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 831.46% cap applied$20k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables10

Cap rate analysis

How does the asset earn?
831.46%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MMUD-3
A Midtown Mixed Use District and its regulations are established in order to permit and encourage an intensity and mix of development tha...
General categoryMIXED_USE
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.8
Dry Cleaner9.2
Garden Center9.0

Location

4120 Carnegie Ave Cleveland, OH 44103
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6301 Superior, Cleveland, OH 44103 $300,000 Jul 2025 4,000 SF
7516 Saint Clair, Cleveland, OH 44103-1810 $338,000 Jun 2024 5,021 SF
6629 Saint Clair, Cleveland, OH 44103-1637 $105,000 Dec 2023 2,696 SF
6112 Saint Clair, Cleveland, OH 44103-1628 $110,000 Nov 2022 4,383 SF
7010 Saint Clair, Cleveland, OH 44103-1716 $110,000 Aug 2022 3,716 SF
1712 55th, Cleveland, OH 44103-3118 $469,000 Feb 2022 3,616 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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