5065 Northfield Rd Bedford Heights, OH 44146-1108
This exceptional investment opportunity presents a prime retail property located at 5065 Northfield Road in Bedford, Ohio. The property encompasses a 0.46-acre lot and features two substantial 6,000 square foot units, each with its own independent entrance. One unit is currently occupied by a well-established daycare center, providing a consistent stream of rental income for the new owner. This existing lease offers immediate return on investment and minimizes vacancy risk. The second unit is vacant, presenting a significant opportunity for an owner-user to establish their business or for additional leasing potential, maximizing the property's income generation. The building boasts a versatile layout, high ceilings, and ample on-site parking, catering to a wide range of business types. Its strategic location in Bedford, Ohio, offers excellent access to major roadways, ensuring high visibility and convenient access for customers and employees. This combination of a stable, income-producing tenant and a vacant unit ready for immediate development makes this property an attractive investment prospect with significant potential for future growth and profitability. The asking price is $699,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Bedford Heights, OHCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.