Property profile

7901 Cedar Ave Cleveland, OH 44103

FOR LEASE
Retail space
Property ID
US66-0186246
10,617 SF 0.69 ac lot Built 1979
Entity Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Cedar Commons, located at 7901 Cedar Avenue in Cleveland, Ohio, presents a fantastic retail opportunity. This vibrant space offers 2,500 square feet of vacant area within a larger 12,100 square foot plaza. Situated on the northeast corner of East 79th Street and Cedar Avenue, this high-visibility location benefits from significant foot and vehicle traffic. The property enjoys a prominent position at a well-lit intersection, ensuring maximum exposure for your business. The space is part of a multi-tenant building, offering potential for synergy and shared customer base. In addition to the lease opportunity, the entire 12,100 square foot plaza is also available for purchase. This presents a unique chance to acquire a well-established retail property in a thriving Cleveland neighborhood. The space includes prominent monument signage, providing excellent branding opportunities. The property is located in Cuyahoga County, Ohio, with a zip code of 44103. This prime retail location offers exceptional visibility and accessibility, making it an ideal choice for a variety of businesses. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 10,617 SF
Lot 0.69 ac (29,925 SF)
Zoning code LR
APN 119-21-023
UPID US66-0186246

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • (Bike/Boat/Book/etc) Store

Location

7901 Cedar Ave Cleveland, OH 44103
Cleveland metro Census 197200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2002
7 recorded transactions
2026
Price N/A
2023
Price N/A
2005
Price N/A
2002
Price N/A
2000
$2,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LR · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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