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Property profile

7424 Bessemer Ave Cleveland, OH 44127

OFF-MARKET
Manufacturing properties
Property ID
US66-2355711
25,712 SF 1.04 ac lot Built 1920
Last sale Jul 2026 · $335,500
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two adjacent industrial buildings in Cleveland’s southeast side, located within a federally designated Opportunity Zone and approximately 4–5 miles from downtown, with zoning classified as General Industry. The combined portfolio totals approximately 41,965 SF on about 1.59 acres, with 7424 Bessemer Ave providing about 25,712 SF on roughly 1.04 acres and 7500 Bessemer Ave providing about 16,253 SF on about 0.55 acres. 7424 Bessemer Ave has ceiling heights estimated at…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$3k
Tax billed · 2023
Assessed value$34k
Assessed land$11k
Assessed improvement$23k
Effective rate9.99%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$465k
Submarket $/SF estimate$533k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$43/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$21 – $77
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GI
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 agency26.0
Law Firm21.4
Hair Salon15.8

Location

7424 Bessemer Ave Cleveland, OH 44127-1820
County assessor Recorded deeds · 1 transfer 7 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5508 Maurice, Cleveland, OH 44127-1242 $95,000 Dec 2025 1,920 SF
5115 Broadway, Cleveland, OH 44127-1539 $1,500,000 Jul 2023 9,354 SF
6700 Morgan, Cleveland, OH 44127-1921 $519,170 Jul 2023 12,444 SF
3140 65th, Cleveland, OH 44127-1402 $190,000 May 2023 9,702 SF
3077 55th, Cleveland, OH 44127 $150,000 Aug 2019 22,078 SF
6621 Morgan, Cleveland, OH 44127-1918 $14,001 Jul 2019 2,310 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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