Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4880 Northfield Rd North Randall, OH 44128-4524

    • Strip malls
    • 10,425 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Last Sale
    Apr 02, 2021
    $550,000
    Location Intelligence
    Property ID
    US66-1288367
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cleveland Leasing / Leasing Service
    • HEAVY ON THE SIDEZ / Takeout Restaurant

    Property Details for 4880 Northfield Rd

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.87 lot acres
    Property size
    10,425 SF
    Zone code
    C-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    771-08-009
    APU
    77108009

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $695,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $690,000
      Mixed-Use
      $680,000
      Hospitality
      $680,000
      Educational
      $545,000
      Residential Income
      $535,000
      Energy
      $600,000
      Income-Based Land
      $675,000
      Food Service
      $710,000

    Location Insight

    • Map
    • Local Demand
    City
    North Randall
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5263
    Latitude
    41.4279
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,496
    $39,760
    $152,740
    $192,500
    -
    $113,600
    $436,400
    $550,000

    Comparable in this City

    • Value Estimation
      $740,000
      11,728 SF

      23098 Emery Rd

      SHOPPING CENTER, STRIP CENTER • 11,728 SF
      23098 Emery Rd, Cleveland, OH 44128-5135
      View Details
    • Value Estimation
      $985,000
      14,672 SF

      21945 Emery Rd, Unit 22021

      SHOPPING CENTER, STRIP CENTER • 14,672 SF
      21945 Emery Rd, Cleveland, OH 44128-4607
      View Details
    • Value Estimation
      $415,000
      12,000 SF

      4850 Richmond Rd

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      4850 Richmond Rd, Cleveland, OH 44128
      View Details
    • Value Estimation by Request
      20,423 SF

      4614 Warrensville Ctr Rd, Unit 4654

      SHOPPING CENTER, STRIP CENTER • 20,423 SF
      4614 Warrensville Ctr Rd, North Randall, OH 44128-4131
      View Details
    • Value Estimation
      $325,000
      16,000 SF

      4840 Northfield Rd, Unit 4860

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      4840 Northfield Rd, North Randall, OH 44128-4524
      View Details
    • Value Estimation
      $530,000
      24,000 SF

      23021 Emery Rd, Unit 23301

      SHOPPING CENTER, STRIP CENTER • 24,000 SF
      23021 Emery Rd, Cleveland, OH 44128-5134
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,600 SF

      Freestanding Building Near High School

      3,600 SF building for sale or lease near I-71.
      3890 W 140Th St, Cleveland, OH 44128
      View Details
    • $695,000
      6,350 SF

      Ohio Retail Investment Opportunity

      High-Cap Rate, Two-Tenant Property
      22019 Emery Rd, Warrensville Heights, OH 44128
      View Details
    • Contact for pricing
      1,500 SF

      Lee Road Retail Opportunity

      Cleveland Restaurant/Daycare Space
      3965 Lee Rd, Cleveland, OH 44128
      View Details
    • Contact for pricing
      1,500 SF

      Freestanding Restaurant with Existing Equipment

      Freestanding restaurant with equipment, approximately 1500 square feet.
      3965 Lee Rd, Cleveland, OH 44128
      View Details
    • $420,000
      4.80 Acres

      Warrensville Heights Commercial Land

      4.8-acre commercial lot, build-to-suit option.
      26410 Emery Rd, Warrensville Heights, OH 44128
      View Details
    • Contact for pricing
      0.11 Acres

      Industrial Lot in Garfield Heights

      Industrial land available in Garfield Heights, Ohio.
      V/L 546-19-021, Garfield Heights, OH 44128
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      201,491 SF

      Lee Harvard Shopping Center: Cleveland

      Prime Retail Space, Cleveland, Ohio
      4071 Lee Rd, Cleveland, OH 44128
      View Details
    • Contact for pricing
      23,259 SF

      North Randall Retail Center Investment

      High-traffic retail space available.
      4601 Northfield Rd, North Randall, OH 44128
      View Details
    • $14 SF/Yr
      3,507 SF

      Garfield Heights Flex/Industrial Space

      Flex/industrial space for rent, convenient highway access.
      15401-15491 Neo Pkwy, Garfield Heights, OH 44128
      View Details
    • $6 SF/Yr
      13,614 SF

      Warehouse and Office Flex Space

      Warehouse and office flex park with spaces available for lease.
      15601 Neo Pkwy, Garfield Heights, OH 44128
      View Details
    • $9 SF/Yr
      6,000 SF

      Affordable Office Suites Near I-480

      Convenient, affordable office suites near I-480 in Cleveland.
      4500 Lee Rd, Cleveland, OH 44128
      View Details
    • Contact for pricing
      5 SF

      North Randall Commercial Land Opportunity

      Prime 5.5-acre lot, high traffic, ideal development.
      4600 Northfield Rd, North Randall, OH 44128
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4880 Northfield Rd
    North Randall, OH 44128-4524
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.