Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8020 Mayfield Rd Chesterland, OH 44026-2439

    • Parking lots & garages
    • 7,786 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US66-1169595
    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

    • Penske Truck Rental / Truck Rental Agency / Moving Supply Store
    • CCM Rental of Chesterland / Equipment Rental Agency / Party Equipment Rental Service

    Property Details for 8020 Mayfield Rd

    Year built
    1957
    Lot size
    1.67 lot acres
    Property size
    7,786 SF
    Property type
    Parking lots & garages
    APN
    11-089830
    APU
    11089830

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $400,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $355,000
      Mixed-Use
      $405,000
      Hospitality
      $445,000
      Educational
      $440,000
      Residential Income
      $395,000
      Energy
      $370,000
      Income-Based Land
      $420,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesterland
    County
    Geauga
    State
    Ohio
    Longitude
    -81.3552
    Latitude
    41.5233
    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
    $6,990
    $54,600
    $67,240
    $121,840
    -
    $156,000
    $192,100
    $348,100

    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
      $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 by Request
      1,274 SF

      12218 Chillicothe Rd

      PARKING GARAGE, PARKING STRUCTURE • 1,274 SF
      12218 Chillicothe Rd, Chesterland, OH 44026-2114
      View Details
    • Value Estimation
      $350,000
      2,021 SF

      11729 Chillicothe Rd

      PARKING GARAGE, PARKING STRUCTURE • 2,021 SF
      11729 Chillicothe Rd, Chesterland, OH 44026-1929
      View Details
    • Value Estimation
      $425,000
      19,920 SF

      7898 Mayfield Rd

      PARKING GARAGE, PARKING STRUCTURE • 19,920 SF
      7898 Mayfield Rd, Chesterland, OH 44026-2421
      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
      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
      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

      Commercial Land with High Visibility

      Land available for lease in growing trade area.
      12570 Chillicothe Rd, Chesterland, OH 44026
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8020 Mayfield Rd
    Chesterland, OH 44026-2439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.