Financial
Distress signals
Property profile

5401 Hamilton Ave Cleveland, OH 44114

FOR LEASE
Manufacturing properties
Property ID
US66-0710232
0.72 ac lot
Last sale Sep 2005 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This expansive industrial warehouse, located at 5401 Hamilton Ave in Cleveland, Ohio (Cuyahoga County, zip code 44114), offers a significant amount of space ideal for various industrial uses. The property encompasses a total of 321,239 square feet, with a minimum divisible space of 4,400 square feet and a maximum contiguous space of 48,000 square feet. Currently, 144,105 square feet is vacant and available for lease. The building sits on a substantial 7.04-acre lot, providing ample room for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$993
Tax billed · 2023
Assessed value$10k
Assessed land$10k
Effective rate9.99%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 12,468,000.00% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$21 – $77

Cap rate analysis

How does the asset earn?
12,468,000.00%
$31k 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?
GI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.2
Dental Office13.3
Parking Facility11.5

Location

5401 Hamilton Ave Cleveland, OH 44114
County assessor Recorded deeds · 2 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Payne, Cleveland, OH 44114 $465,000 Dec 2025 N/A
3035 Perkins, Cleveland, OH 44114-4626 $100,000 Sep 2024 2,155 SF
Perkins, Cleveland, OH 44114 $1,325,000 Sep 2024 N/A
3800 Payne, Cleveland, OH 44114-4319 $30,000 Sep 2024 6,874 SF
5331 Hamilton, Cleveland, OH 44114 $200,000 Nov 2023 N/A
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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