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Property profile & analytics
OFF-MARKET Estimated value $9,515,000
Automotive properties

2953 Mayfield Rd Cleveland Heights, OH 44118-1634

14,416 SF 2.47 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-1542782
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 14,416 SF
Lot 2.47 ac (107,809 SF)
Zoning code C3
APN 684-03-015
UPID US66-1542782
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
$8.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.52M
Owner & transaction history
Ohh1 Re LLC · 4 yrs held
Ohh1 Re LLC
since 2021
Last sale
$10.0M
7 recorded transactions
2021
$10.0M
2019
Price N/A
2019
Price N/A
2017
Price N/A
2014
Price N/A
2014
Price N/A
2010
$2.5M
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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