Technical
Financial
Distress signals
Property profile

33693 Vine St Willowick, OH 44095

OFF-MARKET
Grocery and convenience stores
Property ID
US66-1864256
13,440 SF 1.24 ac lot Built 1995
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This 13,500 square foot free-standing building, currently occupied by Save-A-Lot under a lease expiring October 31, 2026, presents a unique investment opportunity. The property offers a single-tenant occupancy, providing stability and ease of management. With 90 days written notice, the building will become available for immediate occupancy. Its prominent location boasts a signalized intersection and a large pylon sign, ensuring high visibility and accessibility for any medical practice. The building's substantial size allows for ample space to accommodate a variety of medical services, from general practitioners to specialized clinics. The existing infrastructure provides a solid foundation for a seamless transition to a new tenant. The property is classified as both retail and office space, offering flexibility in its potential use. Given its size and location, this property is ideal for a medical office seeking a high-profile, easily accessible location. The building's prominent signage and high-traffic intersection ensure maximum exposure to potential patients. The 90-day notice provision allows for efficient planning and a smooth transition for the new tenant. This is a rare opportunity to acquire a substantial, well-located building suitable for a variety of medical uses. Serious inquiries only. Do not disturb the current tenant.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1995
Total area 13,440 SF
Lot 1.24 ac (53,927 SF)
Zoning code R-BUS
APN 34-A-007-0-00-058-0
UPID US66-1864256

Cap rate & NOI

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

Location

33693 Vine St Willowick, OH 44095-3455
Willowick metro Census 206600 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
$1.29M
Blend (final) Blend
$235k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

R-BUS · Willowick, OH
Top alternative use upside
Auto repair, garage $1.1M +7.0%
Commercial (general) $1.1M +2.5%

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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