Commercial Real Estate in Cleveland | Reonomy

Commercial Real Estate in Cleveland

Unlock property data on 90,168 commercial properties in Cleveland. Search through Cleveland property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Cleveland commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Ohio Cleveland
Average price/sqft $909 $3,168 $4,043
Average sold price $1,037,796 $337,132 $238,030
Median sold price $196,968 $105,071 $41,491
Number of sales 3,594,235 163,762 6,889
Number of sales over $250k 1,522,457 42,711 949
Number of sales over $1m 344,082 8,129 235
Number of sales over $10m 46,755 593 16
Average total tax amount $7,065 $3,208 $4,437
Average assessed value $252,208 $54,507 $51,567
Average market value $356,366 $157,698 $146,599

Cleveland commercial real estate property averages

Property averages United States Ohio Cleveland
Average lot size 816,546 sf 419,262 sf 15,845 sf
Median lot size 24,481 sf 14,563 sf 5,009 sf
Average building area 1,078 sf 92 sf 36 sf
Median building area 77 sf 30 sf 14 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

Supply United States Ohio Cleveland
Number of parcels 58,466,290 2,488,715 91,327
Aggregate lot acerage 1,006,250,046 17,920,863 81,633
Aggregate building area 8,055,341,670 sf 32,883,683 sf 1,132,898 sf
Aggregate units 90,014,181 1,770,300 182,397

Cleveland commercial real estate industrial mortgages

Debt United States Ohio Cleveland
Number of mortgages 41,925,990 2,047,872 135,158
Average value of mortgages $5,197,811 $6,004,398 $2,057,273

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