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    Property profile & analytics

    14960 State Ave Middlefield, OH 44062-7601

    • Strip malls
    • 22,118 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimation
    $990,000
    Last Sale
    Jun 17, 2021
    $1,020,000
    Location Intelligence
    Property ID
    US66-0692914
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Circle K / Convenience Store / Atm
    • Herbalife Middlefield Nutrition / Coffee Shop
    • Cardtronics ATM / Atm
    • Shetler Business Solutions / Digital Printing Service / Graphic Designer
    • Riedel Mike / Insurance Agency

    Property Details for 14960 State Ave

    Year built
    1962
    Lot size
    1.66 lot acres
    Property size
    22,118 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    19-042900
    APU
    19042900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $940,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,080,000
      6.5%
      $1,135,000
      7%
      $935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,100,000
      Geo Method
      $1,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,290,000
      Retail
      $1,160,000
      Mixed-Use
      $1,220,000
      Hospitality
      $1,220,000
      Educational
      $1,040,000
      Residential Income
      $1,185,000
      Energy
      $1,130,000
      Income-Based Land
      $1,270,000
      Food Service
      $1,300,000

    Location Insight

    • Map
    • Local Demand
    City
    Middlefield
    County
    Geauga
    State
    Ohio
    Longitude
    -81.0735
    Latitude
    41.4613
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,874
    $126,560
    $230,440
    $357,000
    -
    $361,600
    $658,400
    $1,020,000

    Comparable in this City

    • Value Estimation
      $390,000
      9,669 SF

      15900 High St

      SHOPPING CENTER, STRIP CENTER • 9,669 SF
      15900 High St, Middlefield, OH 44062
      View Details
    • Value Estimation
      $310,000
      9,000 SF

      15065 Kinsman Rd

      SHOPPING CENTER, STRIP CENTER • 9,000 SF
      15065 Kinsman Rd, Middlefield, OH 44062-9479
      View Details
    • Value Estimation
      $310,000
      16,456 SF

      14980 State Ave

      SHOPPING CENTER, STRIP CENTER • 16,456 SF
      14980 State Ave, Middlefield, OH 44062-7601
      View Details
    • Value Estimation
      $700,000
      36,152 SF

      15435 High St

      SHOPPING CENTER, STRIP CENTER • 36,152 SF
      15435 High St, Middlefield, OH 44062
      View Details
    • Value Estimation
      $345,000
      13,000 SF

      14875 Springdale Ave

      SHOPPING CENTER, STRIP CENTER • 13,000 SF
      14875 Springdale Ave, Middlefield, OH 44062-9109
      View Details
    • Value Estimation
      $625,000
      8,988 SF

      4290 Kinsman Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 8,988 SF
      4290 Kinsman Rd, Middlefield, OH 44062
      View Details

    Similar Nearby for Sale

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      47,909 SF

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      Pending

      Vacant Land in Middlefield, Ohio

      17.2 acres of vacant land in Geauga County.
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    Similar Nearby for Lease

    • $1,200 /Mo
      92,783 SF

      Middlefield Retail Space For Rent

      Highly visible strip center with easy access and ample parking.
      15065 Kinsman Rd, Middlefield, OH 44062
      View Details
    • Contact for pricing

      Middlefield Flex Showroom Space

      Flexible showroom with loading docks in Middlefield, Ohio.
      15651 West High St, Middlefield, OH 44062
      View Details
    • Contact for pricing
      2,560 SF

      Retail Space in Middlefield

      Retail space for lease in the heart of Middlefield.
      15411-15421 W High St, Middlefield, OH 44062
      View Details
    • $1,750 /Mo
      1,500 SF

      Middlefield Retail/Office Space Available

      High-visibility retail or office space in excellent condition.
      14960 S State Ave, Middlefield, OH 44062
      View Details
    • $875 /Mo
      686 SF

      Prime Retail Space Available

      Exceptional retail opportunity in a high-traffic Middlefield, Ohio location.
      15446 West High St, Middlefield, OH 44062
      View Details
    • Contact for pricing
      12,317 SF

      Middlefield Plaza Retail Spaces

      Five retail spaces available; ample parking.
      15411 High St, Middlefield, OH 44062
      View Details
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    14960 State Ave
    Middlefield, OH 44062-7601
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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
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