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    24261 Cedar Rd Lyndhurst, OH 44124

    For Lease
    Contact for pricing

    Prime Lyndhurst Retail Space - Drive-Thru Available

    Lot size:
    4,116 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4,116 square foot freestanding building presents a unique opportunity in the thriving Legacy Village of Lyndhurst, Ohio. Located at 24261 Cedar Rd, 44124, this property sits on a 0.62-acre lot and boasts convenient drive-thru lanes, a highly desirable feature for many retail businesses. Previously occupied by Fifth Third Bank, the building is classified as Class B and offers a flexible tenancy structure

    Property Features for 24261 Cedar Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,116 SF

    Unit(s) available at that property

    Space
    Size
    4,116 SF

    HighLights

    • 4,116 SF freestanding building in Lyndhurst, OH's Legacy Village.
    • Located at 24261 Cedar Rd, on a 0.62‑acre lot.
    • Features convenient drive‑thru lanes.
    • Previously a Fifth Third Bank; Class B construction.
    • Offers flexible lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.505458666506
    Latitude
    41.501987114683

    Nearby Similar for Lease

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      4,116 SF

      Retail Space in Lyndhurst, Ohio

      Retail space available in a high-traffic shopping center.
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      6,046 SF

      Retail Space in Lyndhurst, Ohio

      Retail space available in a high-traffic shopping center.
      25369-25377 Cedar Rd, Lyndhurst, OH
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      3,585 SF

      Retail Space in Lyndhurst, OH

      Retail property in Lyndhurst, OH with high customer traffic.
      25145-27105 Cedar Rd, Lyndhurst, OH
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      1,540 SF

      Retail Space in Lyndhurst, Ohio

      Retail space available in a high-traffic shopping center.
      24545-24741 Cedar Rd, Lyndhurst, OH
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      1,035 SF

      Recently Renovated Retail Space

      1,035 SF retail space available for lease on Mayfield Rd.
      5361 Mayfield Rd, Lyndhurst, OH
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      2,100 SF

      Mayfield Road Retail Space

      Lyndhurst retail space, high traffic area.
      5141 Mayfield Rd, Lyndhurst, OH 44124
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    FAQs

    What type of property is this?
    Individual retail property - Prime Lyndhurst Retail Space - Drive-Thru Available
    Where is this individual retail property located?
    The property is located at 24261 Cedar Rd Lyndhurst, OH.
    What are key features of this property?
    This property features: 4,116 SF freestanding building in Lyndhurst, OH's Legacy Village.; Located at 24261 Cedar Rd, on a 0.62-acre lot.; Features convenient drive-thru lanes.
    Request Owner's contact information
    24261 Cedar 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
    24261 Cedar Rd Lyndhurst, OH 44124
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