Technical
Financial
Distress signals
Property profile

8015 Leavitt Rd Amherst, OH 44001

OFF-MARKET
Automotive properties
Property ID
US66-2472721
7,539 SF 1.46 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Amherst, Ohio, presents a significant investment opportunity. The 30.82-acre lot boasts a substantial 7,629 square foot building, complemented by ample parking for 1,178 vehicles. Its strategic location offers unparalleled visibility and convenient access to and from Interstates 90 and 80, ensuring high traffic volume and excellent exposure. The property is situated amongst other prominent dealerships, including Chrysler, Jeep, Dodge, Chevrolet, and JD Byrider, creating a synergistic environment and attracting a substantial customer base. The site features a well-designed main entrance with dedicated left-turn lanes, optimizing traffic flow and accessibility. Currently zoned GB-1 (General Business), this property offers immense potential for a variety of commercial uses. The combination of size, location, and existing infrastructure makes this a truly remarkable opportunity for expansion or new development in a thriving commercial area. The property's substantial size and existing building provide immediate operational capabilities, while the prime location ensures long-term value and growth potential.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1960
Total area 7,539 SF
Lot 1.46 ac (63,598 SF)
APN 05-00-046-000-032
UPID US66-2472721

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8015 Leavitt Rd Amherst, OH 44001
Amherst metro Census 57100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2025
Last sale
$1.8M
1 recorded transaction
2025
$1.8M

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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