5203 Turney Road, Garfield Heights, OH 44125
SINGLE_FAMILY - Garfield Heights, OH
- Added:
- Mar 26, 2026
- Days on Market:
- 91
- Last Refresh:
- Jun 24 at 8:06 pm
Property Features for 5203 Turney Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Parking features
- Parking Lot, Garage
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 545-02-012
- Size
- 1,200 SF
- Lot size
- 117.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1 S/L 179 180 ALL 54502013
- Tax Annual Amount
- 5190
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1949
- Number of units
- 2
- Roof type
- Composition, Shingle
Listing agent Mathew P Chase License #2013002819 (440) 452-2000
Listing office Keller Williams Greater Metropolitan 29225 Chagrin Boulevard #105, Cleveland, OH (216) 839-5500
Listing date Mar 26, 2026
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Includes 1,200 SF retail space with two bathrooms, storage room, and kitchen area
- Second unit is a 1,200 SF 3‑bedroom apartment upstairs with hardwood floors, plus a full bath
- Separate gas and electric meters for the retail and upstairs apartment
- Full basement provides additional storage space
- Vinyl fenced, paved patio in the backyard, plus garage access
- Parking lot with 11 spaces; natural gas forced‑air heat and central A/C; roof is composition/shingle
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.7k | $15.60 |
| − Vacancy | −$1.2k | −$1.01 |
| EGI | $17.5k | $14.59 |
| − OpEx | −$4.4k | −$3.65 |
| NOI | $13.1k | $10.94 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Iconic Ultra lounge — 4912 Turney Rd, Garfield Heights, OH 44125
- Al's Tavern — 5203 Turney Rd, Cleveland, OH 44125
- Bonkers Cafe — 5145 Turney Rd, Cleveland, OH 44125
- Mad Mike's Bar & Grill — 5045 Turney Rd, Cleveland, OH 44125
- Futures Bar — 4912 turney rd, garfield heights, oh 44125
Map
- City
- Garfield Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.607956
- Latitude
- 41.42017
