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    5402 Mayfield Rd Lyndhurst, OH 44124

    For Lease
    Contact for pricing

    Prime Mayfield Rd location, 5,240 SF divisible.

    Lot size:
    10,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located at 5402 Mayfield Road in Lyndhurst, Ohio, offers 5,240 square feet of newly remodeled commercial space. The property is part of the Lyndhurst Commons, a multi-tenant building totaling 10,880 square feet. This highly visible location boasts an impressive 40,312 vehicles per day (VPD) on Mayfield Road, ensuring significant foot traffic and brand exposure. The space is easily accessible from both Mayfield Road and Commodore Road, providing convenient ingress and egress for customers and employees. Excellent pylon signage opportunities are available to enhance visibility and brand recognition. The space is divisible, offering two options: a 2,160 square foot unit and a 3,080 square foot unit, providing flexibility for various business needs. Situated in Cuyahoga County, Ohio, with a zip code of 44124, this property presents a unique opportunity for businesses seeking a high-traffic, easily accessible location in a newly remodeled building. The property is classified as street retail within a multi-tenant building.

    Property Features for 5402 Mayfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,880 SF

    Unit(s) available at that property

    Space
    5402-5404
    Size
    5,240 SF

    HighLights

    • 5,240 SF of available space, divisible into 2,160 SF and 3,080 SF units.
    • High traffic location with 40,312 vehicles per day (VPD) and excellent Mayfield Road visibility.
    • Prominent pylon signage opportunity.
    • Convenient access from Mayfield Road and Commodore Road.
    • Recently remodeled building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lyndhurst Lumber Window Installation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.485557043806
    Latitude
    41.519827161209

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      Recently Renovated Retail Space

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    FAQs

    What type of property is this?
    Retail property - Prime Mayfield Rd location, 5,240 SF divisible.
    Where is this retail property located?
    The property is located at 5402 Mayfield Rd Lyndhurst, OH.
    What are key features of this property?
    This property features: 5,240 SF of available space, divisible into 2,160 SF and 3,080 SF units.; High traffic location with 40,312 vehicles per day (VPD) and excellent Mayfield Road visibility.; Prominent pylon signage opportunity.
    Request Owner's contact information
    5402 Mayfield Rd Lyndhurst, OH 44124
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    Lyndhurst, OH 44124
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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
    5402 Mayfield Rd Lyndhurst, OH 44124
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