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Mixed-Use Property | 86,529 SqFt
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3108 Mayfield Rd, Cleveland Heights, OH 44118

Mixed-use property with 86,529 square feet of space.

Property Size86,529 SF
Price / SF$27.45
Days on Market155

Property Features for 3108 Mayfield Rd

General Information

Standard status Active
Size 86,529 SF
Class C
Property subtype Mixed Use, Multifamily
Occupancy 75%
Investment Type Value Add

Building Details

Year Built 1915
Buildings 2
Stories 3
Units 52
Listing Agency: Cushman & Wakefield CRESCO Real Estate
Listed By: Max Ferguson · License #SAL.2024001884
Source: Crexi
Added: Mar 11 Changed: Aug 7 Last Checked: Aug 11 at 5:21PM

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 Cushman & Wakefield CRESCO Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property offers 86,529 square feet of space. It is located in Cleveland Heights, OH.

Key Highlights

  • Mixed use property
  • Boasting 86,529 sqft

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 44118, OH

40,242
Population
17,849
Households
2.3
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
5,749
Density / Sq Mi
$76,328
Median Household Income
$44,837
Median Earnings
$1,195
Median Rent
$205,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with 86,529 square feet of space.
Where is this mixed-use property located?
The property is located at 3108 Mayfield Rd Cleveland Heights, OH.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Mixed use property; Boasting 86,529 sqft
More about this property
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