For Sale
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Property summary
This exceptional 0.083-acre commercial land parcel at 7216 Clark Avenue in Cleveland, Ohio, presents a unique investment opportunity. Located in Cuyahoga County, zip code 44102, this property boasts a highly desirable central location near I-90, offering unparalleled accessibility. While the existing structure has a reported 0 square feet of listed space, the marketing materials suggest a building with over 5000 square feet, including a full basement, a kitchen area, and an addition featuring a brick oven/fireplace. The property's versatility allows for a wide range of commercial uses, such as industrial, medical, restaurant/food service, daycare, or religious facilities. The existing building and addition offer significant space for business operations and can be adapted to suit diverse needs. The seller is motivated and may consider a lease option with a substantial down payment and demonstrably strong credit. Fast occupancy is possible, making this an attractive option for immediate business expansion or start-up. The asking price is $199,900. This property offers substantial promise and income potential for the right buyer.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GR · Cleveland, OHZoning 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GR in Cleveland, OH.
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Find the owner behind the property.
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