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Property profile & analytics
OFF-MARKET
Specialty properties
6203 Detroit Ave Cleveland, OH 44102
Entity Owned
Free & Clear
Property ID
US66-1000602
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1929
Construction
TYPE NOT SPECIFIED
Total area
2,864 SF
Lot
0.41 ac (17,794 SF)
Zoning code
LR
APN
002-16-013
UPID
US66-1000602
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
6415 Detroit Avenue Corporation
6415 Detroit Avenue Corporation
since 2026
6 recorded transactions
Zoning & alternative use
LR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,772
Tax year 2023
Assessed value
$110,710
Assessed 2023
Previous assessed
$110,710
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$24,920
Assessed improvement
$85,790
Land market value
$71,200
Improvement market value
$245,100
Total market value
$316,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1929
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
NONE
Buildings
3
Stories
1
Rooms
9
Bathrooms
2
Total area
2,864 SF
Lot
0.41 ac (17,794 SF)
Zoning code
LR
APN
002-16-013
UPID
US66-1000602
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
3
Rooms
9
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
6415 Detroit Avenue Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
6415 DETROIT AVE, CLEVELAND, OH 44102-3011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
—
6415 Detroit Avenue Corporation
—
Deed
related
$7,840,000 · Neodf 24 LLC
Feb 12, 2026
—
6415 Detroit Avenue Corporation
The Cleveland Public Theatre INC
Deed
—
Dec 29, 2011
—
Cleveland Public Theatre INC
—
Trustees Deed
related
$1,000,000 · Village Capital Corp
Dec 22, 2009
$410,400
Cleveland Public Theatre INC
Vine Court Properties LLC
Warranty Deed
—
Sep 10, 2003
$275,000
Cine Court Properties LLC
Russian Orthodox Church
Grant Deed
$250,000 · Huntington National Bank
—
—
Cleveland Public Theatre INC
—
Deed Of Trust
related
$100,000 · Lorain National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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