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Property summary
This exceptional 8,750 square foot retail property, located at 8514 Carnegie Avenue in Cleveland, Ohio, presents a unique redevelopment opportunity. Situated on a 0.61-acre lot, this commercially zoned property boasts prime visibility and accessibility, directly across from the Cleveland Clinic's main campus. The property's strategic location offers unparalleled exposure to the high volume of foot and vehicle traffic associated with the Clinic. This is further enhanced by its proximity to the… planned 1 million square foot Neurological Institute, part of the Clinic's billion-dollar investment in its main campus. The asking price is $1,600,000, translating to $182.86 per square foot. This represents a compelling investment prospect given the property's size, location, and the significant ongoing development within the immediate vicinity. The property's existing structure presents a blank canvas for a variety of retail uses, capitalizing on the high-density population and significant economic activity of the Cleveland Clinic complex. This is a rare chance to acquire a substantial property in a rapidly growing and highly desirable area. The 44106 zip code ensures easy access to major transportation routes and amenities. This is an opportunity not to be missed for investors seeking high-return potential in a premier Cleveland location.
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.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 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
5 recorded sales · 15 properties nearbyComparable nearby
Similar in This City 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 $99/month
- GBA
- 6,149 SF
- Lot area
- 0.26 ac
- Year built
- 1924
- Stories
- 1
- APN
- 119-22-012
- Zoning
- GR
- Assessed value · 2023
- $43,510
- Annual tax · 2023
- $4,345
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.
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
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…
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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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