32801 Vine St Willowick, OH 44095
- Retail space
- 5,768 SF
- 0.73 lot acres
Current Use by Public Records
- Retail space
Property Details for 32801 Vine St
- Year built
- 1966
- Lot size
- 0.73 lot acres
- Property size
- 5,768 SF
- Zone code
- U-4
- Property type
- Retail space
- APN
- 28-A-048-0-00-009-0
- APU
- 28A0480000090
Description
Springcrest Shopping Center offers two exceptional office spaces for lease. One unit, approximately 1,200 square feet, is an endcap space with a built-out former mortgage office layout, presenting a potential drive-thru opportunity for a suitable office or retail tenant. The second unit, newly renovated and approximately 1,090 square feet, is ready for immediate occupancy. Both spaces are located within a single-story building situated in a thriving retail center. Excellent monument signage is available for increased visibility and brand recognition. The property boasts a modified gross lease structure, simplifying financial planning. This prime location benefits from high traffic volume and close proximity to major retailers, including Walmart Supercenter, American Freight, Harbor Freight, Discount Drug Mart, Dunkin', Wendy's, Autozone, and numerous others, ensuring high foot traffic and convenient access for employees and clients. The property features a total of 2,290 square feet of vacant space, with a minimum divisible space of 1,090 square feet and a maximum contiguous space of 1,200 square feet. The Assessor's Parcel Number (APN) is 28-A-048-0-00-009-0. This opportunity is ideal for businesses seeking a high-visibility location within a bustling retail environment. Contact us today to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $330,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $300,000
- Mixed-Use
- $315,000
- Hospitality
- $300,000
- Educational
- $410,000
- Residential Income
- $305,000
- Energy
- $375,000
- Income-Based Land
- $385,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Willowick
- County
- Lake
- State
- Ohio
- Longitude
- -81.4547
- Latitude
- 41.6428
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
