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    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
    1999
    $200,000
    1969
    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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    More about this property
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