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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7861 Old Crile Rd Painesville, OH 44077

1.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.41-acre commercial land parcel presents a unique investment opportunity in Concord Township, Ohio. Strategically located adjacent to Interstate 90 at the new Capital Parkway Interchange, this site boasts unparalleled visibility and accessibility. Within a half-mile radius lies a thriving medical hub, anchored by Lake Health TriPoint Medical Center and University Hospitals Concord Health Center, ensuring a consistent flow of potential customers. The property benefits from signalized access and excellent visibility from Route 44 (Auburn Road), maximizing exposure to a high volume of traffic. This location is part of a vibrant retail corridor, surrounded by established businesses including Starbucks, Chipotle, Sheetz, Lucky's Market, Waffle House, McDonald's, Great Clips, Sunny Street Cafe, Discount Drug Mart, Beerhead, and more. The property is zoned for commercial use and is part of a new 12,000 square foot retail development, offering significant potential for immediate development or future expansion. This prime location offers an exceptional opportunity to establish a successful business within a rapidly growing and highly desirable area. The site's proximity to major roadways, medical facilities, and a diverse range of existing retailers makes it an ideal location for a variety of commercial ventures. This is a rare opportunity to secure a prominent position in a thriving commercial center. The land is ready for development, offering a blank canvas for your vision.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.41 ac (61,420 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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