Technical
Financial
Distress signals
Property profile

4431 Mayfield Rd South Euclid, OH 44121

OFF-MARKET
Retail space
Property ID
US66-2235899
9,966 SF 0.11 ac lot Built 1947
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional South Euclid property at 4431 Mayfield Road presents a compelling retail redevelopment opportunity. The 9,966 square foot building, constructed in 1947 and renovated in 1990, offers a unique blend of commercial space ideal for a variety of uses. Currently configured as a restaurant and storefront, the property boasts a flexible lease structure allowing for partial or full occupancy. The two-story building includes a lower level, providing ample space for storage, expansion, or additional commercial ventures. The property benefits from prominent signage, ensuring high visibility and attracting potential customers. Located in Cuyahoga County, Ohio, with a zip code of 44121, this property is situated at 41.5201463386518 latitude and -81.52059951363388 longitude. The asking price is $329,000, translating to $33.01 per square foot. The property's APN is 703-03-059. This presents a rare chance to acquire a substantial commercial property in a desirable location with significant potential for future growth and income generation. The existing rental income provides a stable foundation for immediate return on investment, while the flexible layout allows for customization to suit a wide range of business needs. Don't miss this chance to secure a prime piece of South Euclid real estate.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction TYPE NOT SPECIFIED
Total area 9,966 SF
Lot 0.11 ac (4,640 SF)
Zoning code C-2
APN 703-03-059
UPID US66-2235899

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
  • Alternative Medicine Practice Spa & Massage Center
  • Training Center Sports School
  • Training Center
  • Theater & Performing Art Venue
  • Sports School

Location

4431 Mayfield Rd South Euclid, OH 44121-3633
South Euclid metro Census 185103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

C-2 · South Euclid, OH
Zoning description

The purpose of this district is To provide sufficient but not excessive land area for the business and commercial needs of the community and To foster the continuation of commercial, business and similar establishments n…

General category COMMERCIAL

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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