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    5255 Detroit Rd Sheffield, OH 44054

    Sponsored
    For Lease
    Contact for pricing

    Prime Sheffield retail space, 10,500 sq ft, available now.

    Lot size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,500-square-foot retail property, located at 5255 Detroit Road in Sheffield, Ohio, presents a unique opportunity for a single-tenant occupant. Situated in Lorain County, this building offers complete flexibility for a wide range of retail businesses. The entire 10,500 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to perfectly meet their operational needs. The property's address is highly visible along Detroit Road, ensuring excellent exposure to a substantial volume of daily traffic. The property type is classified as a shopping center, offering ample space and potential for a successful retail venture. The convenient location in Sheffield, Ohio, zip code 44054, provides easy access for customers and employees alike. This single-tenant occupancy presents a rare opportunity to secure a significant retail presence in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers.

    Property Features for 5255 Detroit Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF

    Unit(s) available at that property

    Space
    Suite 001
    Size
    10,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0784318
    Latitude
    41.4275269

    Nearby Comparable

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    Nearby Similar for Lease

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      113,688 SF

      Sheffield Crossing Retail Space

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      0 Detroit Rd, Sheffield, OH 44054
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    • $13 SF/Yr
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      Retail Space on Detroit Road

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      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Sheffield retail space, 10,500 sq ft, available now.
    Where is this lifestyle center located?
    The property is located at 5255 Detroit Rd Sheffield, OH.
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    5255 Detroit Rd Sheffield, OH 44054
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    Sheffield, OH 44054
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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
    5255 Detroit Rd Sheffield, OH 44054
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