Property profile

4240 Pearl Rd Cleveland, OH 44109

OFF-MARKET
Retail space
Property ID
US66-1727998
10,472 SF 1.85 ac lot Built 2000
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction TYPE NOT SPECIFIED
Total area 10,472 SF
Lot 1.85 ac (80,411 SF)
Zoning code GR
APN 014-10-025
UPID US66-1727998

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Atm
  • Bank Credit Union
  • Currency Exchange Service Atm

Location

4240 Pearl Rd Cleveland, OH 44109-4217
Cleveland metro Census 197400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$788k
Blend (final) Blend
$855k

Owner & transaction history

since 2003
5 recorded transactions
2019
Price N/A
2003
Price N/A
2001
$1.3M
2000
$125,000
1969
Price N/A

Zoning & alternative use

GR · Cleveland, OH
Zoning description

Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75’ 8’ 86’7’6” 20’ 7’6” 52’6”’ 20’ 10’ 15’ 9’17’ 9’17’ 9’17’ 9’17’ 24’ 30’ 40’ 48’ 12…

General category COMMERCIAL
Top alternative use upside
Medical building $1.1M +134.2%
Neighborhood: shopping center $1.1M +118.3%
Auto repair, garage $930,000 +91.8%

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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