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Property profile & analytics
OFF-MARKET
Strip malls

1248 High St Fairport Harbor, OH 44077-5555

6,000 SF 0.86 ac lot Built 1999
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US66-0653532
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1248 High St in Fairport Harbor, Ohio, within Steele's Plaza. The entire 850 square foot space is currently vacant and ready for immediate occupancy. This presents a unique chance for a business to establish a presence in a desirable Lake County location. The property is classified as retail and features multiple tenancy options, making it suitable for a variety of businesses. The address is easily accessible, situated at 1248 High St, in the vibrant Fairport Harbor community, zip code 44077. The building's total square footage is 850 square feet, offering ample space for a variety of retail uses. The property's convenient location within Lake County, Ohio, provides excellent visibility and accessibility for customers. This is an ideal space for a business seeking a high-traffic location with significant potential for growth. The property is available for lease, offering a blank canvas for a new tenant to create their ideal retail environment. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. This is a rare opportunity to secure a well-located retail space in a thriving community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 6,000 SF
Lot 0.86 ac (37,462 SF)
APN 14-A-025-0-00-027-0
UPID US66-0653532
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Thakkar Brothers At Lake Cnty · 24 yrs held
Thakkar Brothers At Lake Cnty
since 2002
6 recorded transactions
2017
Price N/A
2002
$580,000
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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