Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1516 Mayfield Rd Mayfield Heights, OH

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in dominant community shopping center, Mayfield Heights, OH.

    Property size:
    7,284 SF
    Lot size:
    22.79 Acres

    Property Features for 1516 Mayfield Rd

    General Information

    Size
    7,284 SF
    Lot size
    22.79 Acres

    Source: Hanna Commercial Real Estate | Cleveland Agent Vincenzo Calabrese

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mayfield Heights Retail Space Available

    This property is located within a dominant community shopping center that serves the eastern suburbs of Cleveland. The shopping center is anchored by Fresh Thyme Market, Marshalls, PetSmart, JoAnn Fabrics, and Bob’s Discount Furniture. The location offers significant highway exposure on I-271 and Mayfield Road, with traffic volumes of 125,554 and 37,489 vehicles per day, respectively. A freestanding Conrad’s automotive service building, comprising 7,284 square feet, is becoming available. The total gross leasable area (GLA) of the shopping center is 373,190 square feet. Strong tenant allowance packages are available.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Aldi/5belpw, SOM Center Plaza, Eastgate Shopping Center

    Map

    City
    Mayfield Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.457896
    Latitude
    41.5192189

    Nearby Similar for Lease

    • Contact for pricing
      6,600 SF

      Eastgate Retail Opportunities Available

      Retail spaces available in a super-regional shopping center.
      6695 Eastgate Dr, Mayfield Heights, OH
      View Details
    • Contact for pricing
      5,828 SF

      Retail Space in Eastgate Center

      Super-regional shopping center with strong anchors and high visibility.
      1345-1479 Som Ctr Rd, Mayfield Heights, OH
      View Details
    • Contact for pricing
      9,000 SF

      Anchored Shopping Center Retail Space

      Community shopping center with retail and automotive opportunities available.
      1641 Golden Gate Plz, Mayfield Heights, OH 44124
      View Details
    • Contact for pricing
      137,133 SF

      Route 91 & 322 Corner Retail Site

      High-Visibility Mayfield Heights Retail Space
      6594 Mayfield Rd, Mayfield Heights, OH 44124
      View Details
    • Contact for pricing
      1,500 SF

      Mayfield Road Retail Space Available

      1,500 SF retail space with ample parking on Mayfield Rd.
      5869 Mayfield Rd, Mayfield Heights, OH
      View Details
    • Contact for pricing
      42,479 SF

      Eastgate Shopping Center Retail Space

      High-traffic Mayfield Heights retail spaces available.
      1371 Som Ctr Rd, Mayfield Heights, OH 44124
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in dominant community shopping center, Mayfield Heights, OH.
    Where is this shopping center located?
    The property is located at 1516 Mayfield Rd Mayfield Heights, OH.
    What are key features of this property?
    This property features: - Tremendous highway exposure to I-271 & Mayfield Road.; - Anchored by Fresh Thyme Market, Marshalls, PetSmart, JoAnn Fabrics, and Bob’s Discount Furniture.; - Dominant community anchored shopping center serving eastern suburbs of Cleveland.
    (216) 861-5286
    Request Owner's contact information
    1516 Mayfield Rd Mayfield Heights, OH
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1516 Mayfield Rd
    Mayfield Heights, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1516 Mayfield Rd Mayfield Heights, OH
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.