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9300 Miles Avenue

$850,000

9300 Miles Avenue, Cleveland, OH 44105

Active
Last Updated: 07/12/2025

9.88

Cap Rate

84,000

NOI

Details:
Cap Rate:    9.88%
NOI:    $84,000
Building Size:    8,000 sqft
Lot Area:    0.67 acres
MlsNumber:    Not Available
Description:

Located at the busy intersection of Miles Avenue and 93rd Street, this corner lot is immediately surrounded by six churches, an elementary school, the Cuyahoga Housing Authority, and various industries all of which drive-up traffic throughout the day.

Former Family Dollar for Lease and for Sale

Located at the busy intersection of Miles Avenue and 93rd Street, this corner lot is immediately surrounded by six churches, an elementary school, the Cuyahoga Housing Authority, and various industries all of which drive-up traffic throughout the day.

• Former Family Dollar for Sale or for Lease
• Convenient ingress/egress at signaled intersection
• 50 free surface parking spaces.
• Landlord responsible for roof, structure, and capital expenses.
• Corner lot with approximately 18,000 VPD

Map:
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Today's Available Mortgage Rates

9300 Miles Road, Cleveland, Ohio 44105

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 07/11/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$5,571 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 62% LTV $0 Lender fees
Loan Amount $868,000 Loan Amount
BankLender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$5,549 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 61% LTV $0 Lender fees
Loan Amount $854,000 Loan Amount
BankLender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$5,510 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 60% LTV $0 Lender fees
Loan Amount $840,000 Loan Amount
Largest Commercial Real Estate Lending
Location
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