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    5555 Mayfield Rd Lyndhurst, OH

    For Sale
    $2,300,000

    Commercial land with expansion potential on a high-traffic corner.

    Property size:
    6,400 SF
    Lot size:
    0.68 Acres

    Property Features for 5555 Mayfield Rd

    General Information

    Size
    6,400 SF
    Lot size
    0.68 Acres

    Source: Cresco Real Estate | Cleveland Agent Nanci V. Ferrante

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

    Overview

    Corner Lot on Mayfield Road

    Located at the corner of Mayfield Road and Ford Road, just west of Brainard Road, this property features 172 feet of frontage on Mayfield Road. It includes a vacant lot suitable for expansion, complete with an existing curb cut on Mayfield Road. Traffic counts indicate 24,995 vehicles per day on Mayfield Road (Highway 322) and 14,477 vehicles per day on Brainard Road. The surrounding area within a 5-mile radius has a population of 187,066, an estimated median household income of $71,043, and supports 9,040 businesses employing 130,750 people. The property encompasses a total of 6,400 square feet.
    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

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.466
    Latitude
    41.5003

    Nearby Similar for Sale

    • Contact for pricing
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    FAQs

    What type of property is this?
    Office building - Commercial land with expansion potential on a high-traffic corner.
    Where is this office building located?
    The property is located at 5555 Mayfield Rd Lyndhurst, OH.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - High traffic location: 24,995 vehicles per day on Mayfield Road.; - Corner lot with **172’ of frontage on Mayfield Road.**; - Includes vacant lot for expansion with existing curb cut on Mayfield Road.
    (216) 520-1200
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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
    5555 Mayfield Rd Lyndhurst, OH
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