20601 Fairmount Blvd Shaker Heights, OH 44118
Property Lookup
Property profile & analytics
20601 Fairmount Blvd Shaker Heights, OH 44118
- Strip malls
- 11,312 SF
- 1.06 lot acres
Property ID
US66-1647939
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.
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 20601 Fairmount Blvd
- Year built
- 1942
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.06 lot acres
- Property size
- 11,312 SF
- Zone code
- C2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 734-04-002
- APU
- 73404002
Description
This exceptional retail opportunity is located at the highly visible Fairmount Circle, the intersection of Fairmount Boulevard and Warrensville Center Road in Shaker Heights, Ohio. Boasting over 30,000 vehicles daily, this location offers unparalleled exposure. The property sits at the gateway to John Carroll University, a vibrant campus with 3,673 students, and is ideally positioned at the crossroads of densely populated University Heights, Cleveland Heights, and Shaker Heights, encompassing over 120,000 residents and 55,000 employees within a three-mile radius. This thriving neighborhood center already includes established businesses such as Huntington Bank, CVS Pharmacy, Dave's Cosmic Subs, Ben & Jerry's, Pizzazz on the Circle, Biggby Coffee, Boaz Fresh Lebanese, and D.O. Summers Dry Cleaners, creating a strong and diverse tenant mix. Two spaces are currently available. The first is a 4,242 square foot former cafe/market space featuring an existing hood and bar area, perfect for a restaurant or similar concept. The second space comprises 900 square feet, offering flexibility for a variety of retail uses. This is a unique chance to establish a business in a high-traffic, well-established center within a thriving community. The property's strategic location and existing infrastructure make it an attractive investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,145,000 Current use
- RESTAURANT
- $1,910,000 Change: +67% Conversion: Difficult
- OFFICE BUILDING
- $1,830,000 Change: +60% Conversion: Moderate
- MEDICAL BUILDING
- $1,230,000 Change: +7% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,005,000 Change: -12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $935,000 Change: -18% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Shaker Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5348
- Latitude
- 41.4868
- 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
$122,341
$156,100
$726,220
$882,320
-
$446,000
$2,074,900
$2,520,900
