Technical
Financial
Distress signals
Property profile

35400 Vine St Willowick, OH 44095

OFF-MARKET
Strip malls
Property ID
US66-2305922
14,848 SF 1.76 ac lot Built 2004
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

Centennial Plaza, located at 35400 Vine St in Eastlake, Ohio (zip code 44095), presents a remarkable retail leasing opportunity. Situated on the highly visible State Route 640, this property boasts exceptional visibility and excellent signage opportunities, ensuring maximum exposure for your business. The building is modern and well-maintained, offering a spacious interior with a versatile floor plan adaptable to a variety of commercial uses, including salons, retail stores, and showrooms. The multiple tenancy structure provides flexibility for businesses of different sizes. This prime location in Lake County, Ohio offers convenient access to major transportation routes, making it easily accessible to customers and employees alike. The property's design and location combine to create an ideal setting for businesses seeking high visibility and a strong presence in a thriving commercial area. This is a rare opportunity to secure a space in a well-established and highly trafficked location. Interested parties should inquire about available lease terms and space configurations.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 14,848 SF
Lot 1.76 ac (76,840 SF)
APN 34-A-008-I-00-036-0
UPID US66-2305922

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
  • Loan Service Bank
  • Restaurant
  • Bank Loan Service
  • Renovation Specialist General Contractor
  • Parking Lot & Garage

Location

35400 Vine St Willowick, OH 44095-3168
Willowick metro Census 202100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.79M

Owner & transaction history

since 2023
Last sale
$1.7M
1 recorded transaction
2023
$1.7M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +310.5%
Office building $1.2M +284.6%
Auto repair, garage $1.2M +277.6%

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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