Financial
Distress signals
Property profile

651 E 185Th St Euclid, OH 44119

FOR SALE
Other warehouses
Property ID
US66-0477920
4,156 SF 0.2 ac lot Built 1923
Last sale Jun 2022 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a freestanding restaurant building totaling 6,840 square feet and constructed in 1949. It is located at 651 East 185th Street in Euclid, Ohio, along the E. 185th Street commercial corridor. The building is configured for restaurant use and is supported by commercial zoning permitting its existing restaurant use.

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?
$2k
Tax billed · 2023
Assessed value$15k
Assessed land$9k
Assessed improvement$6k
Effective rate10.97%

Value estimate

· Sep 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$103k
Vacancy & credit loss−$9k
Operating expenses−$28k
NOI · 22.15% cap applied$65k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables15

Cap rate analysis

How does the asset earn?
22.15%
$65k 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?
U4
R 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Cit...
General categoryCOMMERCIAL
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 agency16.5
Dental Office11.5
Grocery Store10.8

Location

651 E 185Th St Euclid, OH 44119
County assessor Recorded deeds · 7 transfers 15 qualifying comp sales 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 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message