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Property profile

4960 State Rd Cleveland, OH 44134

OFF-MARKET
Retail space
Property ID
US66-1777656
8,912 SF 0.36 ac lot Built 1959
Entity Owned 5-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction WOOD
Total area 8,912 SF
Lot 0.36 ac (15,812 SF)
Zoning code SI
APN 012-40-007
UPID US66-1777656

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
  • Production Facility Building Supply
  • Bed & Breakfast Restaurant
  • Auto Repair Shop Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$488k
Blend (final) Blend
$370k

Owner & transaction history

since 2021
Last sale
$600,000
2 recorded transactions
2021
$600,000
2015
$257,000

Zoning & alternative use

SI · Cleveland, OH
Top alternative use upside
Auto repair, garage $795,000 +38.8%
Commercial (general) $740,000 +29.3%
Apartment house (5+ units) $660,000 +15.5%

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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