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Property profile & analytics
OFF-MARKET Estimated value $1,915,000
Retail space

470 Aurora Rd Macedonia, OH 44056-1834

30,800 SF 1.91 ac lot Built 2004
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1818780
Property summary
AI-generated overview

Sagamore Square, located at 470 W Aurora Rd, Northfield, OH 44067, offers two exceptional retail spaces for lease. Each space ranges from 1,600 to 1,700 square feet, ideal for a variety of businesses. This vibrant retail center boasts a strong tenant mix, including a high-volume Marc's Grocery store, ensuring consistent foot traffic. Other established tenants include Once Upon a Child, Loose Moose, and Farmer's Insurance, providing a diverse and resilient commercial environment. The property benefits from its strategic location on a recently widened State Route 8 commuter corridor, a signalized intersection, excellent visibility, and a dedicated turn lane. This high-traffic area sees over 56,000 cars per day (CPD) on I-271 and 22,000 CPD directly in front of the center on Route 82. The center's tenant mix is designed for stability, featuring "daily needs" businesses such as a daycare, financial services, a grocery store, a hair and nail salon, a staffing agency, and multiple food and service-oriented businesses, creating a recession-resistant portfolio. This location provides easy access to I-271, further enhancing its appeal and accessibility. The property presents a compelling opportunity for businesses seeking high visibility and a strong customer base in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 30,800 SF
Lot 1.91 ac (83,330 SF)
APN 33-03349
UPID US66-1818780
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
Current use
Occupant on record · Public records
  • Geek Squad Tech Support Center (Bike/Boat/Book/etc) Store
  • Best Buy Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.92M
Owner & transaction history
Gw Macedonia LLC · 2 yrs held
Gw Macedonia LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2002
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.1M +69.4%
Medical building $2.9M +59.5%
Neighborhood: shopping center $2.9M +59.2%
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