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.

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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 $60,157. Commercial real estate sale prices in Cleveland have a median of $39,992. The last 24 months of sales history has seen 7,448 sales, with 996 sales greater than $250,000, 281 sales valued at over $1,000,000, and 28 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 $1,383 $104 $33
Median price/sqft $117 $47 $16
Average sold price $1,121,868 $346,045 $254,103
Median sold price $194,935 $100,045 $39,992
Number of sales 3,907,581 183,388 7,448
Number of sales over $250k 1,646,046 46,760 996
Number of sales over $1m 386,972 9,308 281
Number of sales over $10m 55,955 684 28
Average total tax amount $5,932 $3,183 $5,857
Average assessed value $307,066 $58,705 $60,157
Average market value $388,214 $171,768 $186,986

Cleveland commercial real estate property averages

The average lot size of commercial real estate properties in Cleveland is 5,006 sf. This is 97% below the Ohio average.

Property averages United States Ohio Cleveland
Average lot size 816,882 sf 418,054 sf 15,956 sf
Median lot size 24,485 sf 14,481 sf 5,006 sf
Average building area 1,138 sf 91 sf 31 sf
Median building area 75 sf 30 sf 13 sf
Median year built 1970 1953 1920
Average number of units 16 6 4
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 81,823 acres and the aggregate building area for commercial real estate properties in Cleveland is 975,792 sf.

Supply United States Ohio Cleveland
Number of parcels 57,794,383 2,483,681 91,338
Aggregate lot acerage 958,750,430 17,692,313 81,823
Aggregate building area 8,137,456,057 sf 32,040,317 sf 975,792 sf
Aggregate units 87,699,574 1,736,843 179,144

Cleveland commercial real estate industrial mortgages

There are 133,361 mortgages for commercial real estate properties across Cleveland in the Reonomy database. The average value of those mortgages is $2,003,906. This is 99% below the Ohio average.

Debt United States Ohio Cleveland
Number of mortgages 40,416,832 1,991,235 133,361
Average value of mortgages $5,210,150 $5,946,872 $2,003,906

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