Financial
Distress signals
Property profile

1516 Mayfield Rd 1568 Mayfield Heights, OH 44124

OFF-MARKET
Community centers
Property ID
US66-5234166
147,587 SF 20.2 ac lot Built 1958
Last sale Feb 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is situated within a community shopping center serving the eastern suburbs of Cleveland, anchored by Fresh Thyme Market, Marshalls, PetSmart, JoAnn Fabrics, and Bob’s Discount Furniture. The shopping center has frontage along I-271 and Mayfield Road, providing highway exposure, with reported traffic volumes of 125,554 vehicles per day on I-271 and 37,489 vehicles per day on Mayfield Road. The listing describes a freestanding automotive service building totaling 7,284 square feet,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1.29M
Tax billed · 2023
Assessed value$14.23M
Assessed land$6.16M
Assessed improvement$8.07M
Effective rate9.04%

Value estimate

· Sep 2026
$13.60M
$12.24M – $14.96M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$101/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$55 – $187

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
U-4A
The purpose of this district is to promote Development district uses
General categoryUNKNOWN
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.6
Realty agency16.1
Electrical Service13.1

Location

1516 Mayfield Rd, Unit 1568 Mayfield Heights, OH 44124
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

7 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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