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Property profile & analytics
OFF-MARKET Estimated value $1,710,000
Warehouses

4910 Northfield Rd North Randall, OH 44128-4512

31,400 SF 1.01 ac lot Built 1995
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1362641
Property summary
AI-generated overview

This exceptional 31,400-square-foot free-standing retail building at 4910 Northfield Road in North Randall, Ohio, presents a unique investment opportunity. The single-story structure, built in 1955 and renovated in 1999, sits on a 1.01-acre lot and is zoned C-1. The property boasts a highly efficient floor plan, ideal for a variety of retail uses, including big-box stores. With 157 parking spaces (5.00/1,000 SF), ample parking is available for customers and employees. Its prime location offers exceptional visibility and accessibility, situated near the new Amazon warehouse and benefiting from a daily traffic count of 75,000 vehicles on a major thoroughfare. Convenient access to Interstates 271 and 480 ensures easy commuting for both employees and customers. North Randall, part of a significant consumer market, offers a vibrant community atmosphere with nearby residential areas, parks, and shopping options, further enhancing the property's appeal. The property's proximity to JACK Thistledown Racino adds to the area's attraction. Currently entirely vacant, this building presents a blank canvas for a new tenant to establish a strong presence in a thriving commercial area. The property's Class C designation reflects its potential for significant return on investment.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1995
Construction TYPE NOT SPECIFIED
Total area 31,400 SF
Lot 1.01 ac (43,996 SF)
Zoning code C-1
APN 771-08-007
UPID US66-1362641
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$1.71M
Owner & transaction history
Miles-northfield Ltd 1 · 14 yrs held
Miles-northfield Ltd 1
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
C-1 · North Randall, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.8M +33.0%
Commercial (general) $2.6M +23.9%
Apartment house (5+ units) $2.3M +10.6%
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