5244 Cobblestone Rd Sheffield Village, OH 44035-1488
- Retail properties
- 31,080 SF
- 2.93 lot acres
Current Use by Public Records
- Spirit Halloween / Party Store / Costume Store
Property Details for 5244 Cobblestone Rd
- Year built
- 2001
- Lot size
- 2.93 lot acres
- Property size
- 31,080 SF
- Property type
- Retail properties
- APN
- 03-00-011-102-114
- APU
- 300011102114
Description
This exceptional 31,000 square foot retail space is ideally situated at 5244 Cobblestone Road in Lorain County. Currently entirely vacant, this single-tenant building presents a unique opportunity for a business seeking significant space and high visibility. The expansive footprint allows for a wide range of retail configurations, catering to businesses requiring substantial square footage for inventory, display, or operations. The property's location offers excellent accessibility and ample parking, ensuring convenient access for customers and employees. The building's condition and layout are ready for immediate occupancy, minimizing downtime and allowing for a swift transition into operations. This presents a blank canvas for a business to establish a strong presence in a thriving market. The property is classified as commercial retail and is offered for lease. The entire 31,000 square feet is available, providing a substantial space for a large-scale retail operation or a business requiring significant warehouse or storage space in addition to retail floor space. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property's size and location make it an attractive proposition for businesses seeking to establish a significant presence in Lorain County. This is a rare opportunity to secure a substantial retail space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $875,000
- 6.5%
- $740,000
- 7%
- $720,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $820,000
- Mixed-Use
- $690,000
- Hospitality
- $880,000
- Educational
- $795,000
- Residential Income
- $790,000
- Energy
- $705,000
- Income-Based Land
- $810,000
- Food Service
- $895,000
Location Insight
- Map
- Local Demand
- City
- Sheffield Village
- County
- Lorain
- State
- Ohio
- Longitude
- -82.0806
- Latitude
- 41.4195
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
