811 Prospect Avenue — Sale in Cleveland, OH
- Price: $2.5M
- Listing type: For sale
- Asset type: Office
- Location: Cleveland, OH 44115
- Size: 27,800 SF
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Investment Figures
- Price per square foot
- $90
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Market Context
This office in Cleveland, OH is listed for sale at $2,500,000 across 27,800 SF. Compare it against other office listings for sale in Cleveland, OH — view the full market.
As of Q2 2026, the Cleveland office market showed a 13.7% vacancy rate, average asking rents near $19.48/SF/yr, and rents up 18.2% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- Is the Cleveland office market tightening or softening?
- Vacancy is around 13.7%, with asking rents rising year over year (Q2 2026).
Estimated Price per SF
$27.27/SF – $198.36/SF
Mid: $82.65/SF
Estimated price for 27,800 SF: $2,297,670 (range $758,106 – $5,514,408)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
- Elizabeth Coyne · 1216319-2676 · elizabeth.coyne@nmrk.com
Explore this market
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