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    4601 Northfield Rd North Randall, OH 44128

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    23,259 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail investment opportunity presents 23,259 square feet of space in the Randall Square Shopping Center, located at 4601 Northfield Rd, North Randall, OH 44128. Situated in Cuyahoga County, this multi-tenant property boasts a prime location in southeast Cleveland, conveniently positioned just north of I-80 and west of I-271, at the intersection of Northfield Road and Emery Road. The center currently has 23,239 square feet of vacant space available, offering significant potential for new tenants. Space is divisible to a minimum of 2,100 square feet, with a maximum contiguous space of 11,224 square feet. The property sits on a substantial 124,194 square foot lot. Strong anchor tenants, including Roses Discount Store, Dollar General, and Planet Fitness, provide excellent synergy and draw significant foot traffic. This presents a unique chance to acquire a well-located retail center with immediate occupancy potential and the benefit of established anchor tenants. The property is classified as retail, with multiple tenancy options. Warehouse space is also available, adding to the versatility of this investment. This property offers a compelling opportunity for investors seeking a high-traffic retail location in a thriving area.

    Property Features for 4601 Northfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,259 SF

    Unit(s) available at that property

    Space
    Space: 2
    Size
    9,915 SF

    HighLights

    • Warehouse/storage space available.
    • Adjacent to Amazon Fulfillment Center.
    • 26,000 AADT.
    • 124,194 SF lot; 23,259 SF building, 23,239 SF currently vacant, divisible to 2,100 SF minimum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. Hero Sandwich Shop City Blue Clothing Store Best Pawn Shop Pawn Shop Habitat for Humanity ReStore, ... Thrift Store Western Union Money Transfer Service

    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
    North Randall
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5246705
    Latitude
    41.433994

    Nearby Comparable

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    Nearby Similar for Lease

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      94,500 SF

      Modern Distribution Center Near Amazon

      94,500 SF distribution center adjacent to Amazon fulfillment center.
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      Retail Spaces Near Amazon Center

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      Industrial Warehouse Space Available

      Industrial warehouse space featuring ESFR sprinklers and cross-dock configuration.
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      Warehouse Space Near Amazon Center

      Warehouse/storage space available near Amazon Fulfillment Center.
      4601 Northfield Rd, North Randall, OH
      View Details
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      1,600 SF

      Retail Space on Warrensville Road

      1,600 sq ft retail space available for lease.
      4614-4654 Warrensville Ctr Rd, North Randall, OH
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 4601 Northfield Rd North Randall, OH.
    What are key features of this property?
    This property features: Warehouse/storage space available.; Adjacent to Amazon Fulfillment Center.; 26,000 AADT.
    Request Owner's contact information
    4601 Northfield Rd North Randall, OH 44128
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    North Randall, OH 44128
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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
    4601 Northfield Rd North Randall, OH 44128
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