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Property profile & analytics
OFF-MARKET Estimated value $525,000
Strip malls

4880 Northfield Rd North Randall, OH 44128-4524

10,425 SF 0.87 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-1288367
Property summary
AI-generated overview

This prime retail space, totaling 6,135 square feet, is located at 4880 Northfield Road in Cuyahoga County, Ohio, at the intersection of Northfield Rd and Miles Rd. The property is a single-tenant shopping center currently offering 3,735 square feet of vacant space for lease. Its strategic location provides exceptional visibility and accessibility, boasting convenient access to major thoroughfares I-480 and I-271. The high traffic count, exceeding 20,000 vehicles daily, ensures significant exposure for businesses. This presents a unique opportunity for retailers seeking a high-visibility location with substantial foot traffic. The property's size and location make it ideal for a variety of retail uses. The available space offers ample room for a wide range of businesses to establish a strong presence in a bustling commercial area. Interested parties are encouraged to explore this exceptional opportunity to secure a prominent retail location in a high-traffic area with excellent access to major transportation routes. The property is classified as a shopping center with multiple tenancy potential.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 10,425 SF
Lot 0.87 ac (37,853 SF)
Zoning code C-1
APN 771-08-009
UPID US66-1288367
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
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$725k
Blend (final) Blend
$525k
Owner & transaction history
4880 Northfield LLC · 5 yrs held
4880 Northfield LLC
since 2021
Last sale
$550,000
4 recorded transactions
2021
$550,000
2017
Price N/A
2004
Price N/A
1997
Price N/A
Zoning & alternative use
C-1 · North Randall, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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