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    5125 Northfield Rd Bedford Heights, OH 44146

    Sponsored
    For Lease
    $0.67 SF/Yr

    0.62-acre commercial land for lease.

    Lot size:
    27,007 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.62-acre commercial land parcel, located at 5125 Northfield Rd, Bedford Heights, OH 44146, offers a prime opportunity for ground lease or build-to-suit development. Zoned commercial, this 27,007 square foot lot is ideally suited for office or retail space. Plans allow for a 3,000 square foot building with ample parking. The property boasts excellent visibility and accessibility, situated on busy Northfield Road with convenient access to Interstates 480 and 271. Its strategic location is just one mile from Randall Park Mall, adjacent to a McDonald's, and surrounded by residential areas and nearby industrial parks. The annual real estate taxes are $4,880 ($407 monthly). The annual lease rate is $22,880 ($1,906.67 monthly). Cuyahoga County. Cross street: Norton Rd.

    Property Features for 5125 Northfield Rd

    General Information

    Property type
    Farms
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,007 SF

    Unit(s) available at that property

    Space
    Size
    27,007 SF
    Rate per SF
    $0.67

    HighLights

    • 0.62‑acre site available for ground lease or build‑to‑suit development.
    • Suitable for office or retail use.
    • Potential for a 3,000‑square‑foot building with ample parking.
    • Excellent access to I‑480 and I‑271 via Northfield Road.
    • Prime location near Randall Park Mall, adjacent to McDonald's, and surrounded by residential and industrial areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.52734583941
    Latitude
    41.421158923565

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    FAQs

    What type of property is this?
    Farm - 0.62-acre commercial land for lease.
    Where is this farm located?
    The property is located at 5125 Northfield Rd Bedford Heights, OH.
    What is the lease rate?
    The lease rate is $0.67 SF/Yr.
    What are key features of this property?
    This property features: 0.62-acre site available for ground lease or build-to-suit development.; Suitable for office or retail use.; Potential for a 3,000-square-foot building with ample parking.
    Request Owner's contact information
    5125 Northfield Rd Bedford Heights, OH 44146
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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
    5125 Northfield Rd Bedford Heights, OH 44146
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