Technical
Financial
Distress signals
Property profile

645 Prospect E Ave 655 Cleveland, OH 44115

OFF-MARKET
Parking lots & garages
Property ID
US66-2593218
138,943 SF 0.47 ac lot Built 1970
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1970
Construction CONCRETE
Total area 138,943 SF
Lot 0.47 ac (20,427 SF)
Zoning code GR
APN 101-27-020
UPID US66-2593218

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
  • General Contractor
  • Parking Lot & Garage

Location

645 Prospect E Ave, Unit 655 Cleveland, OH 44115-1114
Cleveland metro Census 107701 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M

Owner & transaction history

since 2008
7 recorded transactions
2008
$5.0M
2002
Price N/A
2002
Price N/A
2002
Price N/A
2002
Price N/A
1999
$2.0M
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

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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