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Property profile

2888 Mayfield Rd Cleveland Heights, OH 44118

OFF-MARKET
Auto shops
Property ID
US66-2533284
5,320 SF 0.41 ac lot Built 1951
Last sale Jul 2013 · $480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This fee-simple, 7,500-square-foot auto shop in Cleveland Heights, Ohio, presents a compelling net lease investment opportunity. Located at 2888 Mayfield Rd, 44118, this Class B property boasts a 10-year NNN lease with Honda of Cleveland Heights, a corporate-guaranteed tenant, with approximately 4.8 years remaining. The lease commenced August 30, 2019, and expires August 31, 2029, featuring 3% annual rent bumps. The property sits on a 0.9-acre lot and includes a single, one-story building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$153k
Assessed land$31k
Assessed improvement$122k
Effective rate14.36%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$410k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 241 recorded sales of this use type
Observed band · Q1–Q3$44 – $175
Qualifying comparables7

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?
C3
The C-3 Commercial District is established to provide for higher intensity commercial uses (including automotive uses) along certain majo...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.6
Realty agency14.8
Accounting Firm11.0

Location

2888 Mayfield Rd Cleveland Heights, OH 44118-1685
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2950 Mayfield, Cleveland Heights, OH 44118-1635 $15,500,000 Mar 2023 13,302 SF
3077 Mayfield, Cleveland Heights, OH 44118-1720 $2,000,000 Mar 2023 16,778 SF
1521 Kerwin, Cleveland, OH 44118 $125,000 Jun 2022 2,592 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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