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Property summary
This exceptional investment opportunity presents a fee-simple ownership of a ±8,333 square foot Dollar General store located at 3070 Mayfield Rd, Cleveland Heights, OH 44118. The property, situated on a ±0.82-acre lot with 23 parking spaces, boasts a brand-new 2023 renovation, including a new roof, HVAC units, and facade. The single-tenant building is 100% occupied under a Net Net + (NN+) lease with Dollar General Corporation, a credit-rated, Fortune 500 company, providing significant… financial security. The lease commenced September 13, 2023, with a remaining term of 8.9 years and two, five-year renewal options, each including a 10% rent increase. The current annual Net Operating Income (NOI) is $91,520, resulting in a 7.25% cap rate and a price per square foot of $151.49. The property benefits from a high-density market, with over 340,000 residents within a 5-mile radius and an above-average household income exceeding $64,000. Its strategic location on Mayfield Road, a high-traffic area with over 11,000 vehicles per day, provides excellent visibility and accessibility. The asking price is $1,262,345. The property is zoned commercial and was originally built in 2011. This is a stabilized investment with minimal capital expenditures anticipated in the near future. The low rent per square foot of $10.98 offers additional investor security and potential for future cash flow growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
10 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 8,400 SF
- Lot area
- 0.82 ac
- Year built
- 2012
- Stories
- 13
- APN
- 684-08-004
- Zoning
- C2
- Assessed value · 2023
- $204,750
- Annual tax · 2023
- $29,585
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $29,585
- Selected cap rate
- Neighborhood: Shopping Center
- Commercial (general)
- Auto Repair, Garage
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Cleveland Heights market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The C-2 Retail District is established to provide standards for the continued operation of small neighborhood commercial establishments and to concentrate new retail businesses in buildings that typically locate side by…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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