Financial
Distress signals
Property profile

737 Bolivar Rd Cleveland, OH 44115

FOR LEASE
Office buildings
Property ID
US66-2496598
52,634 SF 0.28 ac lot Built 1925
Last sale Dec 2020 · $1,680,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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737 Bolivar Rd, Cleveland, OH 44115 For Lease
$19.50 SF/Yr
737 Bolivar Rd, Cleveland, OH 44115
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Property summary

AI-generated overview

This office space includes polished concrete flooring and an open-concept layout that combines largely open working areas with both private offices and semi-private offices. A covered patio provides an outdoor area with views toward Progressive Field. The location is within walking distance of Progressive Field and Rocket Arena. Building amenities include a secured, heated parking garage plus adjacent surface parking, and access to a common conference room facility with remote and hybrid

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?
$62k
Tax billed · 2023
Assessed value$588k
Assessed land$299k
Assessed improvement$289k
Effective rate10.55%

Value estimate

· Sep 2026
$2.01M
$1.81M – $2.21M
AI approach$2.10M
Sales comparison$1.34M
NOI build-up
Gross scheduled income$794k
Vacancy & credit loss−$159k
Operating expenses−$159k
NOI · 2,442,461.54% cap applied$476k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293

Cap rate analysis

How does the asset earn?
2,442,461.54%
$476k 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?
SI
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.7
Shoe Repair8.6
Butcher8.4

Location

737 Bolivar Rd Cleveland, OH 44115
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2060 9th, Cleveland, OH 44115-1313 $10,956,666 Dec 2024 240,052 SF
700 Prospect E, Cleveland, OH 44115-1110 $4,500,000 Jun 2022 109,395 SF
3030 Euclid, Cleveland, OH 44115-2530 $1,704,289 Dec 2021 28,800 SF
1835 Prospect E, Cleveland, OH 44115 $2,700,000 Dec 2021 51,231 SF
2507 22nd, Cleveland, OH 44115-3202 $725,000 Jun 2020 17,814 SF
1910 Carnegie, Cleveland, OH 44115-2334 $4,570,000 Oct 2018 29,228 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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