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    9231 Chillicothe Rd Willoughby, OH 44094

    For Lease
    Contact for pricing

    3,565 SF former bank branch available for lease or sale.

    Property size:
    3,565 SF
    Lot size:
    1.19 Acres

    Property Features for 9231 Chillicothe Rd

    General Information

    Size
    3,565 SF
    Lot size
    1.19 Acres

    Source: Cresco Real Estate | Cleveland Agent Alex Smith

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

    Overview

    Former Bank Branch For Lease

    A 3,565 square foot former bank branch is available for lease, ground lease, or sale. The property is situated on 1.167 acres. It is located just south of Kirtland High School and Kirtland Middle School, which together have over 500 students, and Lakeland Community College, which has over 5,000 students. The site offers high visibility. The surrounding area is an affluent bedroom community south of I-90, with an average household income exceeding $200,000 within a 1-mile radius and over $145,000 within a 3-mile radius. The property is immediately adjacent to the Tall Oaks event venue, which hosts over 300 events per year. The topography is flat, and the zoning is flexible, allowing for a variety of retail, office, and medical uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.35792
    Latitude
    41.618868

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    FAQs

    What type of property is this?
    Bank - 3,565 SF former bank branch available for lease or sale.
    Where is this bank located?
    The property is located at 9231 Chillicothe Rd Willoughby, OH.
    What are key features of this property?
    This property features: - Highly visible site in an affluent area with average household income over $200,000 within 1 mile.; - Located near Kirtland High School & Middle School and Lakeland Community College.; - 3,565 SF former bank branch on 1.167 acres available for lease, ground lease, or sale.
    (216) 525-1490
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    9231 Chillicothe Rd Willoughby, OH 44094
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    Willoughby, OH 44094
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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
    9231 Chillicothe Rd Willoughby, OH 44094
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