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Property profile & analytics
FOR SALE
Office buildings

4568 Mayfield Rd South Euclid, OH 44121

18,864 SF 1.48 ac lot Built 1959
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US66-0300082
Property summary
AI-generated overview

This exceptional 18,864 square foot office building presents a compelling investment opportunity in South Euclid, Ohio. Situated on a 1.636-acre lot (APN 703-13-001, 703-13-034) in the Mayfield Green Zoning District, the property boasts 200 feet of Mayfield Road frontage at the corner of Maywood Road, benefiting from high traffic volume exceeding 22,000 vehicles daily. A traffic signal provides convenient access. The existing building, currently 87% occupied, comprises 22 suites ranging from 450 to 1,320 square feet, suitable for continued office use or extensive redevelopment. Permitted uses under the M-G District zoning include residential, office, retail, service, entertainment, and community facilities. The location offers excellent accessibility, being less than a mile from Brush High School (South Euclid Lyndhurst City School District) and a 30-minute drive from Cleveland Hopkins International Airport and Downtown Cleveland. This property is ideal for owner-users seeking a multi-tenant office building with significant redevelopment potential in a prime location. The property is zoned for a variety of uses, allowing for flexibility in future development plans. The high traffic count and prominent location make this an attractive investment for both short-term and long-term growth.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction TYPE NOT SPECIFIED
Total area 18,864 SF
Lot 1.48 ac (64,530 SF)
Zoning code C-2
APN 703-13-001
UPID US66-0300082
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$2.13M
Owner & transaction history
4568 Mayfield LLC · 12 yrs held
4568 Mayfield LLC
since 2014
2 recorded transactions
2014
$700,000
1997
$1.0M
Zoning & alternative use
C-2 · South Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 now present within the community in conformity with recognized and reasonable standards in order that they be compatible with the primarily r…

Zone name General Commercial
General category COMMERCIAL
Zone area 91.72 ac
Source Realmo
Top alternative use upside
Restaurant $3.2M +4.3%
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