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    3536 Lee Rd Shaker Heights, OH 44120

    For Sale
    Contact for pricing

    9,300 SF Retail Space in Shaker Heights

    Property size:
    9,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9,300-square-foot retail property, located at 3536 Lee Road in Shaker Heights, Ohio, presents a unique investment opportunity. Situated conveniently on Lee Road, just south of Chagrin, this versatile space is ideally suited for an auto shop or storefront business. The building boasts multiple garage bays, providing ample space for vehicle repair, maintenance, or storage, making it particularly attractive to automotive-related businesses. The property's 9,300 square feet of net rentable area offers significant flexibility for various retail configurations. Its prime location in Shaker Heights, within Cuyahoga County and zip code 44120, ensures high visibility and accessibility for customers. The property's geographic coordinates are 41.4633533 latitude and -81.5654693 longitude. This well-positioned commercial space offers a blend of functionality and prime location, making it an excellent choice for entrepreneurs seeking a thriving business environment. The property is classified as retail, with subtypes of auto shop and storefront, offering a diverse range of potential uses. This is a rare opportunity to acquire a substantial retail space in a desirable Shaker Heights location. The building's multiple garage bays are a key feature, adding significant value for businesses requiring such facilities. Serious inquiries are encouraged to explore the potential of this remarkable property.

    Property Features for 3536 Lee Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,300 SF

    HighLights

    • 9,300 square foot retail building in Shaker Heights, Ohio.
    • Located on Lee Road, south of Chagrin Boulevard.
    • Features multiple garage bays, suitable for an auto shop or storefront use.
    • Net rentable area is 9,300 square feet.
    • Property address is 3536 Lee Rd, Shaker Heights, OH 44120.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lewis Electronics Car Accessories Store 5 Star Car ... Loan Agency

    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
    Shaker Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5654693
    Latitude
    41.4633533

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    FAQs

    What type of property is this?
    Individual retail property - 9,300 SF Retail Space in Shaker Heights
    Where is this individual retail property located?
    The property is located at 3536 Lee Rd Shaker Heights, OH.
    What are key features of this property?
    This property features: 9,300 square foot retail building in Shaker Heights, Ohio.; Located on Lee Road, south of Chagrin Boulevard.; Features multiple garage bays, suitable for an auto shop or storefront use.
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    3536 Lee Rd Shaker Heights, OH 44120
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    Shaker Heights, OH 44120
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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
    3536 Lee Rd Shaker Heights, OH 44120
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