Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6130-6134 Kruse Dr Solon, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property surrounded by complementary retailers and high-traffic roadways.

    Type:RETAIL
    Property size:
    25,497 SF
    Lot size:
    3.86 Acres
    Added:
    Feb 19, 2025
    Days on Market:
    435
    Last Refresh:
    Apr 5 at 9:46 pm

    Property Features for 6130-6134 Kruse Dr

    General Information

    Standard status
    Active
    Size
    25,497 SF
    Lot size
    3.86 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 6130-6134 Kruse Dr Contact us

    We can help!

    Listing Contact
    Jeff Sluzala

    Listing agent Jeff Sluzala

    Listing office Viking Partners

    Listing date Feb 19, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Viking Partners

    Overview

    Retail Property in Uptown Solon

    This retail property is situated in a commercial district near Solon's most heavily traveled roadways, with over 58,500 vehicles passing daily. Located just off Route 91 (38,000 VPD) at US-422 (nearly 55,000 VPD along the highway), the property benefits from excellent frontage and accessible rear entrances with glass doors for all units, which many tenants utilize. It is surrounded by complementary retailers in Uptown Solon, including ULTA Beauty, Tractor Supply, First Watch, John Roberts Salon & Spa, Dogtopia, and Kids Empire, as well as various office buildings, Bryant & Stratton, Hobby Lobby, Marc’s Discount, Rollhouse Solon, Burntwood Tavern, and Chick-fil-A. The property offers a dynamic mix of service-oriented retail, service, and restaurant users, making it a recession and internet-proof asset. The city is recognized by Money Magazine as one of the safest in Ohio and has been named one of the "Best Places to Live" multiple times. The property size is 25,497 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 34310 Aurora Rd, Solon, OH 44139-3805
    • Coinstar Kiosk Bitcoin Enabled — giant eagle, 34310 aurora rd, solon, oh 44139-3805
    • i.d. SPOT — Pet Supplies Plus, 34370 Aurora Rd, Solon, OH 44139
    • Solon Village — 34408 Aurora Rd, Solon, OH 44139
    • Coinstar Kiosk - Bitcoin ATM — Giant Eagle, 34310 Aurora Rd, Solon, OH 44139

    Location Insight

    • Map
    • Local Demand
    City
    Solon
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4424
    Latitude
    41.3921

    Nearby Similar for Sale

    • $25,279,000
      145,000 SF

      Fully Leased Solon Retail Center

      Neighborhood retail center in Solon, Ohio, 100% occupied.
      6025 Kruse Dr, Solon, OH 44139
      View Details
    • $2,811,428
      2,500 SF

      Retail Space For Sale

      Retail space with long lease term and 8.75% cap rate.
      33113 Aurora Rd, Solon, OH 44139
      View Details
    • $1,350,000

      Two-Story Office Complex For Sale

      Two-story office complex with five tenants and updated features.
      30670 Bainbridge Rd, Solon, OH
      View Details
    • $4,900,000
      70,068 SF

      Climate Controlled Warehouse on Corner Lot

      Corner lot warehouse with climate and humidity control.
      29601 Solon Rd, Solon, OH 44139
      View Details
    • Contact for pricing
      10,894 SF

      Retail Property in Solon, Ohio

      Retail property with 10,894 square feet of space.
      32800 Solon Rd, Solon, OH
      View Details
    • $3,995,000
      15,160 SF

      Solon Office Building For Sale

      High-end, fully furnished office building ideal for corporate headquarters.
      33095 Bainbridge Rd , Solon , OH
      View Details
    • $11,495,000
      102,990 SF

      Renovated Industrial Property with Parking

      Renovated industrial property featuring docks, drive-in access, and ample parking.
      6675 Parkland Blvd, Solon, OH
      View Details
    • $1,350,000
      10,560 SF

      Solon Office Building For Sale

      10,560 SF office building available in Solon, Ohio.
      30670 Bainbridge Rd, Solon, OH 44139
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property surrounded by complementary retailers and high-traffic roadways.
    Where is this shopping center located?
    The property is located at 6130-6134 Kruse Dr Solon, OH.
    What are key features of this property?
    This property features: High‑traffic location: Over 58,500 vehicles per day (VPD).; Prime location in Uptown Solon, surrounded by popular retailers.; Recession/Internet‑proof asset: Dynamic mix of service‑oriented retail, service, and restaurant users.
    (513) 793-9919 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Sluzala
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!