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Property profile

464 Richmond Rd Cleveland, OH 44143

FOR SALE
Office buildings
Property ID
US66-2520188
9,404 SF 0.58 ac lot Built 1988
Last sale Mar 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
464 Richmond Rd, Cleveland, OH 44143 For Sale
$1,000,000 9,404 SF
464 Richmond Rd, Cleveland, OH 44143
View Listing

Property summary

AI-generated overview

The property is a medical-focused building with an on-site surgery center previously operated by a private physician, and it also includes space occupied by a mix of tenants such as a small music studio and a nurse training organization; the current tenant mix is described as predominantly medical. The building’s stated occupancy is approximately 70–80%, with income generated from existing operations. It is located in a commercial area experiencing development and is configured to support…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$308k
Assessed land$53k
Assessed improvement$255k
Effective rate10.09%

Value estimate

· Oct 2026
$555k
$500k – $611k
AI approach$620k
Submarket $/SF estimate$701k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
District provide for the day-to-day convenience shopping and service needs of persons residing in the vicinity of the business
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Wholesale Shop10.1
Realty agency10.0

Location

464 Richmond Rd Cleveland, OH 44143
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6559 Wilson Mls, Mayfield, OH 44143-6402 $15,853,764 Apr 2024 11,370 SF
734 Som Ctr, Mayfield, OH 44143-2313 $90,000 May 2021 6,120 SF
653 Miner, Highland Heights, OH 44143-2115 $2,575,000 Jan 2021 7,749 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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