Property profile

4461 Mayfield Rd South Euclid, OH 44121

OFF-MARKET
Warehouses
Property ID
US66-2383512
11,024 SF 1.1 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 4461-4475 Mayfield Road in South Euclid, Ohio, presents a unique investment opportunity. Situated on a 1.097-acre lot in Cuyahoga County, this single-tenant building offers a total of 3,000 square feet of vacant space, perfect for a variety of retail uses. The property's address is 4461 Mayfield Rd, zip code 44121. Its convenient location within the bustling South Euclid community provides excellent visibility and accessibility for customers. The property is classified as commercial retail and is currently entirely vacant, allowing for complete customization to suit a new tenant's specific needs. The flexible space, ranging from approximately 900 to 2,100 square feet, offers adaptability for various retail concepts. This prime location in a thriving area presents a strong potential for growth and return on investment. The property's size and location make it an ideal choice for businesses seeking a prominent presence in a desirable suburban setting. This is a rare opportunity to acquire a substantial retail space in a highly visible and accessible location. The property is ready for immediate occupancy, offering a blank canvas for a new business venture.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1964
Construction TYPE NOT SPECIFIED
Total area 11,024 SF
Lot 1.1 ac (47,776 SF)
Zoning code C-2
APN 703-04-012
UPID US66-2383512

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
  • Atm
  • Bank Loan Service

Location

4461 Mayfield Rd South Euclid, OH 44121-4014
South Euclid metro Census 185104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$845k
Comparable Approach Comparable
$742k
Blend (final) Blend
$355k

Owner & transaction history

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
Top alternative use upside
Medical building $1.2M +112.2%
Neighborhood: shopping center $1.1M +97.8%
Auto repair, garage $980,000 +73.7%

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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