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Property profile & analytics
OFF-MARKET Estimated value $775,000
Strip malls

26485 Ctr Rdg Rd Westlake, OH 44145-4031

25,510 SF 3.21 ac lot Built 1978
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-0143214
Property summary
AI-generated overview

This exceptional retail opportunity is located at 26485 Center Ridge Rd in Cuyahoga County, Ohio. The property sits on a substantial 2.925-acre lot and features a single, one-story building constructed in 1978. Currently, one retail space is available, offering 1,750 square feet of prime, front unit, end-cap space. This presents a unique opportunity for a business seeking high visibility and accessibility. The property is zoned GB, offering flexibility for a variety of retail uses. The building itself is classified as Class C. While the exact number of suites is not specified, the available space is a significant portion of the building. The property's location and size make it an ideal choice for a business looking to establish a strong presence in a well-established area. The lease rate is negotiable, providing flexibility for potential tenants. The property's APN is 21501008. This is a rare opportunity to secure a prominent retail space in a desirable location. Don't miss out on this chance to establish your business in a high-traffic area. Inquire today for more details and to discuss lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 25,510 SF
Lot 3.21 ac (139,801 SF)
Zoning code GB
APN 215-01-008
UPID US66-0143214
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
by Request
Blend (final) Blend
$775k
Owner & transaction history
Standard Ins Co · 7 yrs held
Standard Ins Co
since 2018
5 recorded transactions
2018
Price N/A
2008
Price N/A
2002
Price N/A
2000
$766,000
1998
$1.5M
Zoning & alternative use
GB · Westlake, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

General Business District is intended to promote areas in which individual businesses which supply convenience and shopping goods and services may locate.

Zone name General Business
General category COMMERCIAL
Zone area 264.16 ac
Source Realmo
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