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    8389 Mayfield Rd Chesterland, OH 44026
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    Property profile & analytics

    8389 Mayfield Rd, Chesterland, OH 44026

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    • Strip malls
    • 35,680 SF
    • 5.71 lot acres
    Retail Space in Maywood Centre For Lease
    $650,000
    2,400 SF

    Retail Space in Maywood Centre

    Community shopping center with strong occupancy history in Chesterland.

    8389 Mayfield Rd, Chesterland, OH
    View Listing
    Property ID
    US66-1365209
    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.

    Value Estimations
    $650,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chesterland News / Publishing House / Newspaper & Magazine
    • Vino_Type / Specialty Food Shop / Wine and Liquor Store
    • Jason Durica: Allstate Insurance / Insurance Agency
    • Body Sculpting, Inc. / Gym & Fitness Center
    • Sunshine Yoga / Gym & Fitness Center

    Property Details for 8389 Mayfield Rd

    Year built
    1985
    Lot size
    5.71 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    11-010119
    APU
    11010119

    Description

    This exceptional 2,400 square foot retail space is situated within the thriving Maywood Centre shopping center in Chesterland, Ohio. Located at 8389 Mayfield Road, this property boasts a prime location, just a quarter-mile west of SR 306 and five miles east of I-271, ensuring high visibility and convenient access for customers. The center itself has a strong history of high occupancy, evidenced by its established tenant base including First National Bank, Colonial Wine & Beverage, Danny Boy's Restaurant, TNT Tanning, Allstate Insurance, and Great Lakes Outdoor Supply. The property sits on a sizable 5.71-acre lot and is housed within a single-story, Class B building constructed in 1985. While the exact number of suites is not specified, this listing represents one available space. The property is zoned C and has the APN 11-010119 within Geauga County. This presents a unique opportunity for a business seeking a well-established location within a successful shopping center. The property's convenient location and strong tenant mix make it an ideal investment for a variety of retail businesses. Further details regarding parking are unavailable at this time. This is a single-building property. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $625,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $670,000
      Market price range: $655k - $1.42M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $905,000
      Current use
      INDUSTRIAL (GENERAL)
      $785,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chesterland
    County
    Geauga
    State
    Ohio
    Longitude
    -81.3431
    Latitude
    41.5213
    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
    $34,582
    $185,150
    $435,720
    $620,870
    -
    $529,000
    $1,244,900
    $1,773,900
    View Listing
    More about this property
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