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    10612 Chillicothe Rd Kirtland, OH 44094

    Sponsored
    For Sale
    $695,000

    Prime Kirtland location, 3.3 acres, great income potential.

    Property size:
    1,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Kirtland, Ohio presents a unique investment opportunity. Situated on a substantial 3.38-acre lot, the property boasts a 1,760 square foot flex space building, ideal for a variety of retail or industrial uses. The building, constructed in 1948 with renovations in 1970, features high ceilings (11' to deck, 10' to bottom of joist) and a generous 10' x 10' entry door. The property enjoys excellent frontage, measuring approximately 250 feet along Route 306 and 80 feet along Route 6, providing significant visibility and accessibility. The property is zoned for Retail Business (RB), offering flexibility for diverse business ventures. Adding to the investment appeal is a separate two-bedroom, one-bathroom house with a two-car garage currently generating $1200 per month in rental income. The house has its own septic system

    Property Features for 10612 Chillicothe Rd

    General Information

    Property type
    Flex space
    Square Feet
    1,760 SF
    Lot Size
    147,233 SF

    Building Details

    Year Built/Renovated
    1948/1970

    HighLights

    • Parcel Numbers: 20‑A‑028‑A‑00‑006‑0, 20‑A‑028‑A‑00‑009‑0, 20‑A028‑A‑00‑010‑0
    • 3.38‑acre lot
    • 250' frontage on Route 306 x 465' deep and 80' frontage on Route 6
    • Retail Business (RB) zoning
    • 1,760 SF flex space building
    • Built 1948, renovated 1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Kirtland
    County
    Lake
    State
    Ohio
    Longitude
    -81.3501228
    Latitude
    41.5827798

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Flex space - Prime Kirtland location, 3.3 acres, great income potential.
    Where is this flex space located?
    The property is located at 10612 Chillicothe Rd Kirtland, OH.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Parcel Numbers: 20-A-028-A-00-006-0, 20-A-028-A-00-009-0, 20-A028-A-00-010-0; 3.38-acre lot; 250' frontage on Route 306 x 465' deep and 80' frontage on Route 6
    Request Owner's contact information
    10612 Chillicothe Rd Kirtland, OH 44094
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    Kirtland, OH 44094
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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
    10612 Chillicothe Rd Kirtland, OH 44094
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