Technical
Financial
Distress signals
Property profile

Severance Pl Ln Cleveland Heights, OH 44118

OFF-MARKET
Commercial land
Property ID
US66-1116918
10,800 SF 0.69 ac lot Built 1969
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1969
Total area 10,800 SF
Lot 0.69 ac (29,882 SF)
Zoning code S1
APN 683-25-006
UPID US66-1116918

Cap rate & NOI

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

Location

Severance Pl Ln Cleveland Heights, OH 44118
Cleveland Heights metro Census 140800 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
2001
$500,000

Zoning & alternative use

S1 · Cleveland Heights, OH
Zoning description

1115.11 Review of development plans for S-1 Mixed Use District. 1115.12 Schedule of fees. 1115.13 Special exceptions. CROSS REFERENCES Zoning Administrator - see P. & Z. Ch. 1107 Board of Zoning Appeals - see P. & Z. Ch.…

General category MIXED_USE

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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