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1240 E 55th St; Cleveland, OH Property Details

1240 E 55th St, Cleveland, OH is a Mini-warehouse, Storage that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1240 E 55th St has a total of 44,618 square feet. The lot size of 1240 E 55th St is 59,250 square feet.

Off market
1240 E 55th St Cleveland, OH 44103
$1,405,000 Listing Price
44,618 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $500,000
  • Open Loans: 1
  • APN: 105-05-024
  • Situs County: Cuyahoga
  • Length Of Ownership: 21 years, 8 months

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 44,618/SqFt
  • Lot: 59,250/SqFt
  • Gross: 44,618/SqFt
  • Living: 44,808/SqFt
  • Building: 44,618/SqFt
  • Ground: 38,828/SqFt
  • Price Per Square Foot: $11.21

Legal Description

  • Description: 166 003B 10505025
Building Insights

Land Information

  • Property Type: Mini-Warehouse, Storage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cleveland Municipal School District
  • Lat / Lon: 41.52513 / -81.65275
  • Property Class: Commercial
  • Zoning: GI
  • County Use Code: 4800

Amenities

  • Plus Four: 1029
  • Cooling: None
  • Heating: Yes

Ownership Info

1240 E 55th St has no associated ownership info
1240 E 55th St has no associated ownership info.

Taxes

1240 E 55th St has 10 associated Taxes items

1240 E 55th St, Cleveland, OH pays taxes in Cuyahoga County, OH. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $183,505. The APN we've located for 1240 E 55th St is 105-05-024.

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Taxes
  • Assessed Value:  $183,505
  • Assessed Year:  2025
  • Assessed County:  Cuyahoga
  • APN:  105-05-024
  • Assessed Land Value:  28560
  • Market Land Value:  81600
  • Tax Amount:  19016.22
  • Tax Year:  2025
  • Market Value:  524300
  • Market Year:  2025

Tax History

1240 E 55th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $183,505 Land Value $28,560 Improvement Value $154,945 Tax Amount $19,016.22 Change Rate +0.004042% Assessed CR Tax Rate +0.103628%
Year 2024 Assessed Value $183,505 Land Value $28,560 Improvement Value $154,945 Tax Amount $18,939.66 Change Rate -0.127825% Assessed CR Tax Rate +0.103211%
Year 2023 Assessed Value $175,490 Land Value $26,180 Improvement Value $149,310 Tax Amount $21,715.44 Change Rate +0.07276% Assessed CR Tax Rate +0.123742%
Year 2022 Assessed Value $175,490 Land Value $26,180 Improvement Value $149,310 Tax Amount $20,242.59 Change Rate +0.153172% Assessed CR Tax Rate +0.115349%
Year 2021 Assessed Value $501,400 Land Value $74,800 Improvement Value $426,600 Tax Amount $17,553.84 Change Rate +0.058472% Assessed CR Tax Rate +0.03501%
Year 2020 Assessed Value $159,530 Land Value $23,800 Improvement Value $135,730 Tax Amount $16,584.14 Change Rate -0.027656% Assessed CR Tax Rate +0.103956%
Year 2019 Assessed Value $455,800 Land Value $68,000 Improvement Value $387,800 Tax Amount $17,055.83 Change Rate +0.011501% Assessed CR Tax Rate +0.03742%
Year 2018 Assessed Value $159,530 Land Value $23,800 Improvement Value $135,730 Tax Amount $16,861.9 Change Rate -0.086127% Assessed CR Tax Rate +0.105697%
Year 2017 Assessed Value $181,620 Land Value $41,060 Improvement Value $140,560 Tax Amount $18,451.04 Change Rate -0.00257% Assessed CR Tax Rate +0.101591%
Year 2016 Assessed Value $181,620 Land Value $41,060 Improvement Value $140,560 Tax Amount $18,498.58 Change Rate Assessed CR Tax Rate +0.101853%
Year 2015 Assessed Value $181,620 Land Value $41,060 Improvement Value $140,560 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $183,440 Land Value $41,480 Improvement Value $141,960 Tax Amount $18,553.1 Change Rate Assessed CR Tax Rate +0.10114%