Commercial real estate in Cleveland

Search commercial real estate records in Cleveland to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Cleveland commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Cleveland

Reonomy operates the most comprehensive database for Cleveland Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Cleveland commercial real estate professionals. Members from Cleveland include brokers, investors and service providers, many of whom specialize in Cleveland Commercial Real Estate.

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Cleveland commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Cleveland is $65,150. Commercial real estate sale prices in Cleveland have a median of $40,055. The last 24 months of sales history has seen 7,698 sales, with 1,060 sales greater than $250,000, 258 sales valued at over $1,000,000, and 18 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Cleveland over the last 24 months is $16.

Values and sold prices (last 24 months) United States Ohio Cleveland
Average price/sqft $1,209 $105 $54
Median price/sqft $118 $47 $16
Average sold price $1,110,594 $335,277 $246,784
Median sold price $195,861 $100,386 $40,055
Number of sales 4,002,357 186,518 7,698
Number of sales over $250k 1,691,978 47,707 1,060
Number of sales over $1m 393,180 8,937 258
Number of sales over $10m 56,413 628 18
Average total tax amount $9,248 $3,186 $6,110
Average assessed value $313,529 $59,204 $65,150
Average market value $400,838 $171,388 $188,207

Cleveland commercial real estate property averages

The average lot size of commercial real estate properties in Cleveland is 5,013 sf. This is 97% below the Ohio average.

Property averages United States Ohio Cleveland
Average lot size 816,488 sf 419,109 sf 16,296 sf
Median lot size 24,470 sf 14,549 sf 5,013 sf
Average building area 1,109 sf 92 sf 35 sf
Median building area 76 sf 30 sf 13 sf
Median year built 1970 1953 1920
Average number of units 16 6 5
Median number of units 2 2 2

Cleveland commercial real estate total supply

There are 91,338 commercial real estate properties in Cleveland. This is 185% below the Ohio average. The total acerage is 82,525 acres and the aggregate building area for commercial real estate properties in Cleveland is 1,111,168 sf.

Supply United States Ohio Cleveland
Number of parcels 58,091,739 2,488,672 91,338
Aggregate lot acerage 977,366,964 17,877,536 82,525
Aggregate building area 8,120,632,838 sf 32,946,113 sf 1,111,168 sf
Aggregate units 88,811,099 1,769,216 183,465

Cleveland commercial real estate industrial mortgages

There are 134,728 mortgages for commercial real estate properties across Cleveland in the Reonomy database. The average value of those mortgages is $2,059,269. This is 97% below the Ohio average.

Debt United States Ohio Cleveland
Number of mortgages 41,237,574 2,023,634 134,728
Average value of mortgages $5,196,211 $6,004,635 $2,059,269

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