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    Property profile & analytics

    7920 Mayfield Rd Chesterland, OH 44026-2437

    • Parking lots & garages
    • 1,686 SF
    • 4.11 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Apr 17, 2024
    Location Intelligence
    Property ID
    US66-1239963
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 7920 Mayfield Rd

    Year built
    1900
    Construction
    FRAME
    Lot size
    4.11 lot acres
    Property size
    1,686 SF
    Property type
    Parking lots & garages
    APN
    11-227200
    APU
    11227200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterland
    County
    Geauga
    State
    Ohio
    Longitude
    -81.3585
    Latitude
    41.5232
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,101
    $88,520
    $75,570
    $164,090
    -
    $252,900
    $215,900
    $468,800

    Comparable in this City

    • Value Estimation
      $280,000
      3,600 SF

      8571 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 3,600 SF
      8571 Mayfield Rd, Chesterland, OH 44026-2625
      View Details
    • Value Estimation
      $305,000
      7,786 SF

      8020 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 7,786 SF
      8020 Mayfield Rd, Chesterland, OH 44026-2439
      View Details
    • Value Estimation
      $215,000
      1,680 SF

      7843 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 1,680 SF
      7843 Mayfield Rd, Chesterland, OH 44026-2420
      View Details
    • Value Estimation
      $370,000
      13,797 SF

      8032 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 13,797 SF
      8032 Mayfield Rd, Chesterland, OH 44026-2439
      View Details
    • Value Estimation
      $285,000
      1,904 SF

      12694 Chillicothe Rd

      PARKING GARAGE, PARKING STRUCTURE • 1,904 SF
      12694 Chillicothe Rd, Chesterland, OH 44026-3161
      View Details
    • Value Estimation
      $330,000
      5,030 SF

      7998 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 5,030 SF
      7998 Mayfield Rd, Chesterland, OH 44026-2403
      View Details

    Similar Nearby for Sale

    • $1,200,000
      4,135 SF

      Chesterland Redevelopment Opportunity For Sale

      Redevelopment opportunity: 4,135 SF former QSR with drive-thru.
      8459 Mayfield Rd, Chesterland, OH 44026
      View Details
    • $797,000
      12,000 SF

      Multi-Tenant Office Business Park

      Office building for sale in desirable Chesterland, Geauga County.
      8437 Mayfield Rd, Chesterland, OH 44026
      View Details
    • New
      $529,900
      65.00 Acres

      65 Acres of Chesterland Land

      Unimproved land near Downtown Chesterland, ideal for recreation or estate.
      9448 Mayfield Rd, Chesterland, OH 44026
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,125 SF

      Retail Space in Growing Chesterland

      Retail spaces available with ample parking and signage opportunities.
      12575-12623 Chillicothe Rd, Chesterland, OH 44026
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Maywood Centre

      Community shopping center with strong occupancy history in Chesterland.
      8389 Mayfield Rd, Chesterland, OH 44026
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space on Mayfield Road

      Retail space available in Chesterland, Ohio with high traffic.
      8007 Mayfield Rd, Chesterland, OH 44026
      View Details
    • Contact for pricing
      5,000 SF

      Chester Square Retail Spaces

      Prime Retail Units, Growing Chesterland
      12575 Chillicothe Rd, Chesterland, OH 44026
      View Details
    • $16 SF/Yr
      20,012 SF

      New Retail Space in Chesterland, OH

      Modern Suites, 2,500-10,000 SF Available
      7976 Mayfield Rd, Chesterland, OH 44026
      View Details
    • Contact for pricing
      2,400 SF

      Remodeled Office Suites in Chesterland

      Quaint office building with suites ranging from 150-2,400 SF.
      8228 Mayfield Rd, Chesterland, OH 44026
      View Details
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    7920 Mayfield Rd
    Chesterland, OH 44026-2437
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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