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Property profile & analytics
FOR LEASE
Strip malls

34 E Aurora Rd Northfield, OH 44067

7,078 SF 0.95 ac lot Built 2000
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US66-5746081
Property summary
AI-generated overview

This 900 sq ft vacant retail space is part of a larger 7,078 sq ft building situated on a 0.95-acre lot at 34 East Aurora Road (SR 82). Built in 2000, the property boasts excellent visibility and accessibility directly on SR 82, experiencing the benefits of continued robust commercial and residential growth in the area. The space is immediately available and offers a minimum divisible space of 900 sq ft, with a maximum contiguous space also at 900 sq ft. Its prime location offers easy access to major transportation routes, including proximity to State Route 8 (approximately 0.8 miles away), placing it within a short drive of significant attractions and amenities. The property is conveniently located 2.7 miles from MGM Northfield Park and just 5 miles from downtown Brecksville. Furthermore, it's a 5-minute drive to the Macedonia shopping district and offers convenient access to multiple entrances and trailheads of the Cuyahoga Valley National Park. This presents a unique opportunity for businesses seeking high visibility and convenient access to a thriving community. The property is currently configured as a single suite within the building.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction FRAME
Total area 7,078 SF
Lot 0.95 ac (41,251 SF)
APN 40-01995
UPID US66-5746081
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$645k
Owner & transaction history
Laj Northfield LLC · 17 yrs held
Laj Northfield LLC
since 2008
4 recorded transactions
2008
$900,000
2003
Price N/A
1999
$200,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $790,000 +19.2%
Auto repair, garage $705,000 +6.4%
Medical building $665,000 +0.2%
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