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Property profile & analytics
FOR LEASE
Strip malls
34302 Euclid Ave Willoughby, OH 44094
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-2283599
For Lease
1 / 22
Contact for pricing
34302 Euclid Ave, Willoughby, OH 44094
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Property summary
AI-generated overview
Located at 34302 Euclid Ave, Willoughby, OH 44094, Willoughby Plaza offers exceptional retail space in Lake County. This multi-tenant property boasts a total of 17,608 square feet, divided into 13 individual suites. Currently, 1,185 square feet of retail space is immediately available, with additional space potentially available ranging up to 1,700 square feet. The minimum divisible space is 1,185 square feet, ideal for a variety of businesses. The property's prime location in Willoughby offers excellent visibility and accessibility for customers. This is a fantastic opportunity for businesses seeking a well-established retail presence in a thriving community. The property is classified as a storefront retail space, providing direct street-level access for optimal customer engagement. The building's size and suite configuration offer flexibility for businesses of various sizes and needs. Don't miss this chance to secure your ideal retail space in Willoughby Plaza. Contact us today to learn more about leasing opportunities and explore the potential of this vibrant location.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Total area
8,286 SF
Lot
1.66 ac (72,527 SF)
Zoning code
T-P
APN
27-A-006-0-00-033-0
UPID
US66-2283599
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
Current use
Occupant on record · Public records
-
Rulla Aswad, DDS Dental Office
-
Atom Bomb Tattoo Tattoo & Piercing Shop
-
Issho Ni Ramen, Sushi & Hibachi Restaurant
-
La Fleur Spa Nails Nail Salon
-
Vincent L Zimmerman Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
34302 Euclid Avenue LLC · 12 yrs held
34302 Euclid Avenue LLC
since 2013
4 recorded transactions
Zoning & alternative use
T-P · Willoughby, OH
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Willoughby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,343
Tax year 2023
Assessed value
$361,150
Assessed 2023
Previous assessed
$361,150
+0.0% YoY
Effective rate
8.12%
On assessed value
Assessed land
$109,220
Assessed improvement
$251,930
Land market value
$312,050
Improvement market value
$719,800
Total market value
$1,031,850
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,286 SF
Lot
1.66 ac (72,527 SF)
Zoning code
T-P
APN
27-A-006-0-00-033-0
UPID
US66-2283599
Jurisdiction
LAKE
Zoning & alternative use
T-P · Willoughby, OHZoning T-P · permitted uses
T-P · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
1131.02 USE REGULATIONS.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.66 ac
Current owner
From public records · entity-resolved
34302 Euclid Avenue LLC
Entity
Mailing address
35110 EUCLID AVE, WILLOUGHBY, OH 44094-4523
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2017
—
34302 Euclid Avenue LLC
—
Deed
related
$700,000 · Home Fed'l S&l Assn/niles
Dec 18, 2013
—
34302 Euclid Avenue LLC
Andrews Charles M Trust
Warranty Deed
$767,485 · Pnc Bank
—
—
West Point Partners
—
Deed Of Trust
related
$800,000 · Firstmerit Bank NA
—
—
34302 Euclid Avenue LLC
—
Deed Of Trust
related
$700,000 · Home Fed'l S&l Assn/niles
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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