Property profile

5321 Lee Rd Maple Heights, OH 44137

OFF-MARKET
Grocery and convenience stores
Property ID
US66-0455759
1,423 SF 0.69 ac lot Built 1961
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1961
Construction WOOD
Total area 1,423 SF
Lot 0.69 ac (30,069 SF)
Zoning code NC
APN 781-23-001
UPID US66-0455759

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
  • Gas Station
  • Gas Station
  • Grocery & Convenience Store
  • Gas Station

Location

5321 Lee Rd Maple Heights, OH 44137-2532
Maple Heights metro Census 171102 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2021
Last sale
$1.6M
7 recorded transactions
2021
$1.6M
2021
Price N/A
2020
$826,327
2020
$856,644
2020
Price N/A
2011
Price N/A
2000
$278,800

Zoning & alternative use

NC · Maple Heights, OH
Zoning description

It is the purpose of the NC Neighborhood Commercial District to permit and encourage the retention and establishment of small convenience goods and personal services located in close proximity to the residential areas wh…

General category COMMERCIAL

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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