You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,080,000
Strip malls

16200 Madison Ave 16214 Lakewood, OH 44107-5619

14,853 SF 0.96 ac lot Built 1977
Entity Owned 26-yr Hold ~ Est. High Equity
Property ID
US66-0441585
Property summary
AI-generated overview

This exceptional 1,100 square foot retail space is ideally situated at 16200 Madison Avenue in Lakewood, Ohio, within Cuyahoga County. The property is classified as a single-tenant strip center, offering a fantastic opportunity for a variety of retail businesses. Its location in Lakewood provides excellent access to a thriving community with high foot traffic and strong consumer demographics. The property's single-tenant occupancy ensures ease of management and streamlined operations. The address is easily accessible from major roadways, ensuring high visibility and convenient access for customers. The 1,100 square feet provide ample space for a diverse range of retail uses, from boutiques and specialty shops to service-oriented businesses. This property presents a compelling investment opportunity for those seeking a well-located, manageable retail space in a desirable Ohio market. The zip code is 44107. Further details regarding lease terms and conditions are available upon request. This is a rare opportunity to secure a prime retail location in a vibrant and growing community. Serious inquiries only.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 14,853 SF
Lot 0.96 ac (41,699 SF)
Zoning code C2
APN 313-24-025
UPID US66-0441585
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
$1.15M
Blend (final) Blend
$1.08M
Owner & transaction history
Russo Real Estate LLC · 26 yrs held
Russo Real Estate LLC
since 2000
3 recorded transactions
2012
Price N/A
2000
$1.4M
1969
Price N/A
Zoning & alternative use
C2 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.6M +3.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16200 Madison Ave, Unit 16214?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message