Property profile

5050 Detroit Rd Sheffield Lake, OH 44054

OFF-MARKET
Automotive properties
Property ID
US66-1814515
60,217 SF 5.05 ac lot Built 1995
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1995
Total area 60,217 SF
Lot 5.05 ac (219,978 SF)
APN 03-00-011-102-100
UPID US66-1814515

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Dealership
  • Auto Repair Shop

Location

5050 Detroit Rd Sheffield Lake, OH 44054
Sheffield Lake metro Census 28100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.08M
Blend (final) Blend
$8.34M

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $6.5M +31.1%
Medical building $5.6M +13.2%
Restaurant $5.4M +8.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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