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    1011 E Aurora Rd Macedonia, OH 44056

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    For Lease
    $23 SF/Yr ($9,966 /Mo)

    Former bank building suitable for restaurant, office, or retail use.

    Property size:
    5,200 SF
    Lot size:
    1.27 Acres

    Property Features for 1011 E Aurora Rd

    General Information

    Size
    5,200 SF
    Lot size
    1.27 Acres

    Source: Cresco Real Estate | Cleveland Agent Brian Smith

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

    Overview

    Former Bank Building For Rent

    This 5,200-square-foot property is a former bank building with existing vaults. The open floor plan allows for conversion to a restaurant, office, or retail space. It is located in Macedonia, Ohio.
    Insight Report Location Intelligence

    Current Use by Public Records

    Q & A Dental Care Dentist Dr. Quentin Montgomery Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.5029855
    Latitude
    41.3141978

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    FAQs

    What type of property is this?
    Bank - Former bank building suitable for restaurant, office, or retail use.
    Where is this bank located?
    The property is located at 1011 E Aurora Rd Macedonia, OH.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Open floor plan suitable for restaurant, office, or retail use.; - Former bank building with existing vaults.; - Located in the growing community of Macedonia, Ohio.
    (216) 520-1200
    Request Owner's contact information
    1011 E Aurora Rd Macedonia, OH 44056
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    Macedonia, OH 44056
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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
    1011 E Aurora Rd Macedonia, OH 44056
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