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    6600 Mayfield Rd Mayfield Heights, OH 44124

    For Lease
    Contact for pricing

    Hobby Lobby anchored, high-traffic location.

    Lot size:
    82,133 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10.025-acre retail development site presents a unique investment opportunity in Mayfield Heights, Ohio. Currently under construction to accommodate a Hobby Lobby, this single-tenant property boasts a substantial 82,133 square feet of space. The property is strategically located on a main retail corridor, offering unparalleled visibility and accessibility. A key advantage is its proximity to the Cleveland Clinic – Hillcrest Hospital, ensuring a consistent flow of high-traffic volume. The site benefits from a signalized entrance, enhancing convenience for customers. Built in 2003, the single-story Class B building sits on a large lot, providing ample space for potential expansion or future development. The U-4A zoning allows for a variety of commercial uses. The property's location less than a minute from Interstate 271 provides easy access for both customers and employees. This prime location, coupled with the strong anchor tenant, makes this a compelling investment opportunity with significant long-term potential. The APN is 86235020. The property consists of one building with zero suites.

    Property Features for 6600 Mayfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,133 SF
    Class
    B

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    82,133 SF

    HighLights

    • 10.025‑acre lot, suitable for retail development.
    • Single‑tenant, 82,133 sq. ft. retail building.
    • Class B, one‑story building constructed in 2003.
    • Located on Mayfield Rd in Mayfield Heights, with a signalized entrance.
    • High visibility location across from Hillcrest Hospital and less than a minute from I‑271.
    • U‑4A zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Mayfield Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4401393
    Latitude
    41.5190223

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    FAQs

    What type of property is this?
    Retail property - Hobby Lobby anchored, high-traffic location.
    Where is this retail property located?
    The property is located at 6600 Mayfield Rd Mayfield Heights, OH.
    What are key features of this property?
    This property features: 10.025-acre lot, suitable for retail development.; Single-tenant, 82,133 sq. ft. retail building.; Class B, one-story building constructed in 2003.
    Request Owner's contact information
    6600 Mayfield Rd Mayfield Heights, OH 44124
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    Mayfield Heights, 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
    6600 Mayfield Rd Mayfield Heights, OH 44124
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