Realmo Analytics
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Entity Owned Property summary
This exceptional 138,046 square foot multi-tenant industrial complex in Cleveland, Ohio, presents a compelling investment opportunity. Situated on a 4.88-acre lot at 7501 Carnegie Ave, this Class A property boasts a 100% occupancy rate with ten credit-rated tenants, including Cleveland Kraut, Garden of Flavor, and PODS. The property features a diverse mix of flex space, refrigerated/cold storage, and warehouse areas, totaling seventeen units. Originally built in 1925 with ongoing renovations… since 2012, the building includes nine loading docks, seven dock-high doors, and ceiling heights reaching 26'9". Key amenities include heavy power, a building-wide sprinkler system, shop restrooms, floor drains, and food-grade racking. The property benefits from a strategic location with easy access to major interstates, a skilled workforce, and public transportation, ideally servicing the Central Business District, Midtown, Case Western Reserve University, University Hospitals, and The Cleveland Clinic. The current NOI is $1,055,644, yielding an 8.95% cap rate. The property is zoned for general industrial use and is located in an Opportunity Zone. This stabilized investment offers significant upside potential due to increasing construction costs and decreasing supply. The asking price is $11,800,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 77,355 SF
- Lot area
- 4.69 ac
- Year built
- 1900
- Stories
- 1
- APN
- 118-15-009
- Zoning
- MMUD-3
- Assessed value · 2023
- $938,600
- Annual tax · 2023
- $93,739
- Neighborhood: Shopping Center
- Auto Repair, Garage
- Commercial (general)
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
A Midtown Mixed Use District and its regulations are established in order to permit and encourage an intensity and mix of development that supports and implements the development policies that have been established for t…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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