Technical
Financial
Distress signals
Property profile

33382 Walker Rd Avon Lake, OH 44012

OFF-MARKET
Strip malls
Property ID
US66-1167887
1,368 SF 6.48 ac lot Built 1973
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents 1,152 square feet of newly renovated space within a 49,000-square-foot shopping center anchored by Discount Drug Mart. Located in the Avon, Westlake, Rocky River submarket cluster of Lorain County, this Class B property boasts a highly desirable location. The center offers a total of 218 parking spaces, ensuring ample convenience for customers. The available space is divisible down to 775 square feet, providing flexibility for various business needs, with a maximum contiguous space of 1,152 square feet currently available. The property is zoned for Retail/Office/Showroom use, catering to a wide range of potential tenants. This rapidly growing community on the west side of Cleveland is surrounded by new housing developments, guaranteeing a strong and expanding customer base. The recent renovations ensure a modern and attractive space ready for immediate occupancy. This is an unparalleled opportunity to establish a thriving business in a vibrant and expanding market. Don't miss this chance to secure a prime retail location in one of Cleveland's fastest-growing areas.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 1,368 SF
Lot 6.48 ac (282,269 SF)
APN 04-00-007-150-004
UPID US66-1167887

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub
  • Financial Advisor
  • Tax Preparation
  • (Bike/Boat/Book/etc) Store
  • Food Market Restaurant

Location

33382 Walker Rd Avon Lake, OH 44012-1480
Avon Lake metro Census 10300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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