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Property profile & analytics
OFF-MARKET Estimated value $2,720,000
Automotive properties

2900 Mayfield Rd Cleveland Heights, OH 44118-1605

0.3 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-1517153
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Lot 0.3 ac (13,172 SF)
Zoning code C3
APN 684-06-008
UPID US66-1517153
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
$2.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.72M
Owner & transaction history
Heights Car Wash Prop LLC · 7 yrs held
Heights Car Wash Prop LLC
since 2019
Last sale
$2.7M
7 recorded transactions
2019
Price N/A
2019
Price N/A
2013
$480,000
1997
$15,000
1997
Price N/A
1997
Price N/A
1969
Price N/A
Zoning & alternative use
C3 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(d) The C -3 General Commercial District is established to provide for higher intensity commercial uses (including automotive uses) along certain major streets where the level of traffic volume warrants such uses and to provide locations for commercial uses which generally require independent, freestanding buildings and larger amounts of parking. 1131.02 PRI…

Zone name Commercial District
General category COMMERCIAL
Zone area 45.96 ac
Source Zoning Code adopted 20240116
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