569 High St Cortland, OH 44410-1506
This exceptional freestanding retail property, formerly a Rite Aid, presents a unique investment opportunity in Cortland, Ohio. The building boasts a substantial 11,185 square feet of vacant space, situated on a generous 1.46-acre lot. Its convenient location at 569 S High St, with cross access via Natale Dr, ensures high visibility and accessibility for potential businesses. The property is zoned C-2 Highway Commercial District, allowing for a wide range of commercial uses. The ample lot size provides ample parking and potential for expansion or future development. This turnkey property is ready for immediate occupancy, offering a blank canvas for a new business venture or a savvy investor seeking a strong return. The building's previous use as a pharmacy suggests suitability for similar businesses, but the flexible zoning allows for diverse possibilities. Located in Trumbull County, Ohio, with a 44410 zip code, this property offers a strategic location within a thriving community. The substantial square footage and expansive lot size make this an ideal opportunity for a business seeking significant space and visibility. Serious inquiries are encouraged to explore the possibilities of this prime retail location. The property is available for both sale and lease, offering flexibility to suit various investment strategies.
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
Costs & 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.