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Financial
Distress signals
Property profile

9615 Lorain Ave Cleveland, OH 44102

OFF-MARKET
Warehouses
Property ID
US66-1711086
15,571 SF 0.29 ac lot Built 1910
Last sale Apr 2024 · $855,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 17-unit brick building, located at 9615 Lorain Avenue in Cleveland, Ohio, presents a compelling investment opportunity. The property sits on a 0.27-acre lot and boasts 15 apartments and two storefronts, currently generating a substantial monthly gross rental income of $13,510, or $162,120 annually. The building is a turnkey operation with a waiting list of tenants, demonstrating strong market demand. Recent improvements include a complete main electrical system update, a new…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$42k
Assessed land$23k
Assessed improvement$19k
Effective rate9.99%

Value estimate

· Oct 2026
$855k
$770k – $941k
AI approach$855k
CAP approach$1.20M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$36/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$19 – $55
Qualifying comparables11

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?
GR
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...
General categoryCOMMERCIAL
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 agency28.7
Law Firm25.9
Electrical Service12.8

Location

9615 Lorain Ave Cleveland, OH 44102-4751
County assessor Recorded deeds · 1 transfer 11 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1985 68th, Cleveland, OH 44102-3906 $420,000 Aug 2025 15,276 SF
1951 90th, Cleveland, OH 44102-2742 $176,000 Sep 2024 10,611 SF
7960 Lorain, Cleveland, OH 44102-4256 $385,000 May 2024 11,010 SF
1902 65th, Cleveland, OH 44102-3904 $61,000 Jan 2024 9,308 SF
11000 Detroit, Cleveland, OH 44102 $220,000 Dec 2023 8,148 SF
3288 58th, Cleveland, OH 44102-5677 $625,000 Oct 2023 16,770 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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