Property profile

4174 Wheatley Rd Richfield, OH 44286

OFF-MARKET
Community centers
Property ID
US66-0202601
17,208 SF 2.9 ac lot Built 2000
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 4174 Wheatley Road in Richfield, Ohio, presents a rare opportunity for retail businesses seeking high visibility and convenient access. The property boasts a total of 43,560 square feet of retail space situated on a 2.78-acre lot, zoned C-2. The single building offers multiple tenancy options, with a minimum divisible space of 1,266 square feet and a maximum contiguous space of 2,200 square feet. Currently, 3,466 square feet of space is vacant and available for lease. Its strategic location at the corner of Wheatley Road and Brecksville Road offers unparalleled visibility and accessibility. The property's proximity to I-271 (less than 0.3 miles) ensures convenient access for customers and employees. This makes it ideal for a variety of retail uses, including drive-up ATMs or other businesses requiring high traffic visibility. The property is located in Summit County, Ohio, with a zip code of 44286. This is a unique opportunity to establish a thriving business in a high-traffic area with excellent visibility and convenient access to major transportation routes. The property's size and zoning provide flexibility for a range of retail concepts. Serious inquiries are encouraged to explore this promising investment.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Total area 17,208 SF
Lot 2.9 ac (126,324 SF)
APN 50-01973
UPID US66-0202601

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
  • Gym & Fitness Center
  • Take-out & Catering
  • Take-out & Catering Catering Service
  • Dental Office
  • Hair Salon

Location

4174 Wheatley Rd Richfield, OH 44286-9052
Richfield metro Census 532502 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$975k

Owner & transaction history

since 2006
2 recorded transactions
2006
$2.3M
1997
$298,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.9M +19.2%
Auto repair, garage $1.7M +6.4%
Medical building $1.6M +0.2%

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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