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Property profile & analytics
OFF-MARKET Estimated value $9,045,000
Strip malls

17400 Lorain Ave Cleveland, OH 44111-4028

122,125 SF 11.44 ac lot Built 1962
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-2033406
Property summary
AI-generated overview

Kamm's Plaza offers exceptional retail and office space for lease in a thriving Cuyahoga County location. This well-established neighborhood center, anchored by Marc's, boasts a total of 137,915 square feet and currently has 26,330 square feet of vacant space available. Multiple tenancy options exist, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 10,130 square feet. Ideal for businesses seeking high visibility and convenient access, the property features inline ground floor retail spaces ranging from 1,600 to 10,130 square feet. There is also 1,200 square feet of endcap retail space available with prominent Lorain Avenue frontage. This vibrant shopping center benefits from strong co-tenancy with established businesses including Dollar Tree, Minutemen Staffing, and Sherwin Williams, ensuring high foot traffic and a robust customer base. The property is situated at the intersection of Lorain Avenue and Rocky River Drive, providing excellent accessibility and visibility. This is a unique opportunity to secure prime retail or office space in a highly desirable location. Inquire today to learn more about available spaces and lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1962
Total area 122,125 SF
Lot 11.44 ac (498,121 SF)
Zoning code SC
APN 025-03-057
UPID US66-2033406
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
Current use
Occupant on record · Public records
  • Marc's Stores Grocery & Convenience Store Food Market
  • Marc's Pharmacy Pharmacy
  • Cardtronics ATM Atm
  • LibertyX Bitcoin ATM Atm
  • Cynthia Knapik Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.33M
Blend (final) Blend
$9.05M
Owner & transaction history
Kamms Plaza Shopping Center Ll · 9 yrs held
Kamms Plaza Shopping Center Ll
since 2017
3 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SC · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $13.3M +7.3%
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