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    5361 Mayfield Rd Lyndhurst, OH 44124

    Sponsored
    For Lease
    $20 SF/Yr

    Lyndhurst, Ohio: 1,535 SF Retail Space

    Lot size:
    1,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,535 square foot retail space is ideally situated at 5361 Mayfield Road in Lyndhurst, Ohio, within Cuyahoga County (zip code 44124). Classified as a Class C property, this versatile space is perfect for a variety of retail uses, including restaurants, and is part of a multi-tenant shopping center or neighborhood center. The property's location offers excellent visibility and accessibility along a major thoroughfare. The previous tenant operated a restaurant, making it a turnkey opportunity for a similar business or adaptable for other retail concepts. The space is currently vacant and ready for immediate occupancy. This presents a unique chance to establish a presence in a thriving Lyndhurst community. The property's address is easily accessible, offering convenient access for both customers and employees. Detailed specifications and lease terms are available upon request. Serious inquiries only. Don't miss this chance to secure a prime retail location in a high-traffic area. Contact us today to schedule a viewing and explore the possibilities. The property is located at 41.5201943 latitude and -81.4863462 longitude.

    Property Features for 5361 Mayfield Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,535 SF
    Class
    C

    Unit(s) available at that property

    Space
    1,535 SF Available For Lease
    Size
    1,535 SF
    Rate per SF
    $20

    HighLights

    • 1,535 SF restaurant space available for lease on Mayfield Road
    • Features hood system, two walk‑in coolers, two restrooms, and basement storage with rear entrance.
    • Ample rear parking.
    • High traffic counts: 24,342 VPD on Mayfield Rd (ODOT TIMS).
    • Excellent retail location near Aldi, Giant Eagle, and other national brands.
    • Strong demographics: 198,566 population within 5 miles, $112,712 average household income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4863462
    Latitude
    41.5201943

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    FAQs

    What type of property is this?
    Neighborhood center - Lyndhurst, Ohio: 1,535 SF Retail Space
    Where is this neighborhood center located?
    The property is located at 5361 Mayfield Rd Lyndhurst, OH.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 1,535 SF restaurant space available for lease on Mayfield Road; Features hood system, two walk-in coolers, two restrooms, and basement storage with rear entrance.; Ample rear parking.
    Request Owner's contact information
    5361 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
    5361 Mayfield Rd Lyndhurst, OH 44124
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