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    5900-5886 Mayfield Rd Mayfield Heights, OH 44124

    For Sale
    Contact for pricing

    Prime 10-acre commercial land, Mayfield Rd.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10-acre commercial land parcel presents a rare investment opportunity in the thriving Lyndhurst, Ohio market, specifically within Cuyahoga County. Located at 5900-5886 Mayfield Road, zip code 44124, this property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. The site is ideally suited for a variety of mixed-use developments, capitalizing on the area's dense population and strong retail demand. Recent leasing successes include prominent national tenants such as Starbucks, Raising Cane's Chicken Fingers, and a Sheetz gas station, demonstrating the site's attractiveness to high-profile businesses. This is the last available outparcel, offering a unique chance to establish a retail anchor or develop medical office or senior living facilities. The property's size and location make it an exceptional opportunity for developers seeking a high-impact commercial project in a prime East Side suburb of Cleveland. The property is currently for sale and offers significant potential for long-term growth and return on investment. Detailed site plans and zoning information are available upon request. This is a truly exceptional opportunity to acquire a significant commercial land parcel in a highly desirable location.

    Property Features for 5900-5886 Mayfield Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Lyndhurst, OH (Cuyahoga County).
    • New leases signed with Starbucks, Raising Cane's, and Sheetz.
    • Last available outparcel with Mayfield Road frontage.
    • ±10 acres of prime commercial land.
    • Retail anchor opportunity.
    • Medical office and senior living development potential.
    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
    -81.466356
    Latitude
    41.5194341

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial land, Mayfield Rd.
    Where is this land located?
    The property is located at 5900-5886 Mayfield Rd Mayfield Heights, OH.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Lyndhurst, OH (Cuyahoga County).; New leases signed with Starbucks, Raising Cane's, and Sheetz.; Last available outparcel with Mayfield Road frontage.
    (216) 861-5349
    Request Owner's contact information
    5900-5886 Mayfield Rd 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
    5900-5886 Mayfield Rd Mayfield Heights, OH 44124
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