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    3171 Blvd W Cleveland, OH

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    For Sale
    $4,430,769

    11,625 SF retail building in a vibrant Cleveland location.

    Property size:
    11,625 SF
    Lot size:
    1.79 Acres

    Property Features for 3171 Blvd W

    General Information

    Size
    11,625 SF
    Lot size
    1.79 Acres

    Source: Exclusive Realty Agent Steve Sagmani

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

    Overview

    Retail Building in Cleveland Area

    This 11,625 square foot retail building, constructed in 2000, features a modern design and versatile space. It is located in the Cleveland area, benefiting from high foot traffic and proximity to Northwest Freeway and I-90. The property is positioned near key local and national retailers, driving consistent consumer demand. The location benefits from an average household income of $65,000+ within a 3-mile radius and an average population of 162,000+ residents within the same radius. Lorain Avenue sees over 13,000 vehicles per day. The property is zoned LR-C1 and operates under a Triple Net (NNN) lease structure with zero Landlord responsibilities. According to Placer.ai, this location is ranked in the 83rd percentile of CVS stores Statewide for store visits.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

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

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

    Similar Places Nearby

    Medical Mechanical

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.630913
    Latitude
    41.48079

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    FAQs

    What type of property is this?
    Drug store - 11,625 SF retail building in a vibrant Cleveland location.
    Where is this drug store located?
    The property is located at 3171 Blvd W Cleveland, OH.
    What is the asking price?
    The asking price for this property is $4,430,769.
    What are key features of this property?
    This property features: - Ranked in the 83rd percentile of CVS stores Statewide for store visits according to Placer.ai; - Prime location in the vibrant Cleveland area, attracting high foot traffic; - Triple Net (NNN) lease structure with zero Landlord responsibilities
    (248) 833-6601
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    3171 Blvd W Cleveland, 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
    3171 Blvd W Cleveland, OH
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