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    5901 Mayfield Rd Mayfield Heights, OH

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    For Lease
    Contact for pricing

    Retail spaces available in a well-established, high-traffic retail corridor.

    Property size:
    2,483 SF
    Lot size:
    1.92 Acres

    Property Features for 5901 Mayfield Rd

    General Information

    Size
    2,483 SF
    Lot size
    1.92 Acres

    Source: Cresco Real Estate | Cleveland Agent Ryan Fisher

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

    Overview

    Retail Space in High-Traffic Area

    This property features a proposed 10,880 square feet multi-tenant conversion of a former CVS Pharmacy, divisible to approximately 2,483 square feet. Additionally, there is a proposed 5,350 square feet new construction, single or multi-tenant building available adjacent to the existing structure. The property benefits from a central location in the highly traveled Mayfield Road retail corridor, which sees 24,658 vehicles per day according to ODOT. Situated in a densely populated east-side Cleveland submarket, the location offers signalized access from Mayfield Road at Mayfield Ridge Road and is minutes from I-271. The immediate area is home to many national retailers.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mayfield Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.457896
    Latitude
    41.5192189

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in a well-established, high-traffic retail corridor.
    Where is this retail space located?
    The property is located at 5901 Mayfield Rd Mayfield Heights, OH.
    What are key features of this property?
    This property features: - High-traffic location on Mayfield Road (24,658 VPD).; - Divisible multi-tenant conversion opportunity (10,880 SF, divisible to ± 2,483 SF).; - New construction option available (5,350 SF, single or multi-tenant).
    (216) 525-1497
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    5901 Mayfield Rd Mayfield Heights, OH
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    Mayfield Heights, OH
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    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
    5901 Mayfield Rd Mayfield Heights, OH
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