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Property profile & analytics
OFF-MARKET
Schools

7101 Carnegie Ave Cleveland, OH 44103

9,841 SF 1.18 ac lot Built 1890
Property ID
US66-1309957
Property summary
AI-generated overview

This exceptional 9,841 square foot special purpose property, located at 7101 Carnegie Avenue in Cleveland, Ohio, presents a unique investment opportunity. Built in 1890, this historic building boasts a prominent corner lot spanning 1.18 acres, offering excellent visibility and accessibility. Situated in Midtown Cleveland, the property enjoys a prime location between the city's downtown core and the renowned Cleveland Clinic, ensuring high traffic and visibility. The building's substantial size allows for ample parking, accommodating over 100 vehicles. A significant feature is the connected annex building, which offers additional office or warehouse space, accessible via a convenient bridge. The property's zoning allows for use as a religious institution or school, offering flexibility for a variety of potential uses. With its rich history, prime location, and substantial size, this property represents a rare opportunity for a discerning investor seeking a unique and versatile asset in a thriving urban environment. The property is located in Cuyahoga County, Ohio, with a zip code of 44103. The building offers significant frontage on both East 71st Street and Carnegie Avenue.

Property profile
Verified
Property type Schools
Year built 1890
Total area 9,841 SF
Lot 1.18 ac (51,401 SF)
UPID US66-1309957
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
Current use
Occupant on record · Public records
  • St. Timothy Missionary Baptist Church Church
  • Saint Timothy Missionary Baptist Church - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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