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Property profile & analytics
OFF-MARKET
Retail space

8737 Mayfield Rd Chesterland, OH 44026-2674

9,120 SF 2.02 ac lot Built 1986
Entity Owned 7-yr Hold Free & Clear
Property ID
US66-0423999
Property summary
AI-generated overview

This exceptional Chesterland, Ohio retail property, located at 8737 Mayfield Road, zip code 44026, offers 9,250 square feet of versatile space in a Class B building. Originally constructed in 1986 and extensively renovated in 2021, the property boasts four available suites, ranging from 1,700 to 3,000 square feet. Each suite features attractive glass frontage directly on Mayfield Road, ensuring high visibility and excellent street presence. The property provides ample parking for customers and employees. Currently, the spaces are delivered in "white box" condition, allowing for complete tenant customization. The property is ideally suited for a variety of uses, including medical offices, beauty salons, insurance agencies, legal practices, and other retail businesses. Lease terms are negotiable, with rental rates starting at $10 per square foot, plus common area maintenance (CAM) charges under a triple net (NNN) lease structure. This prime location offers a unique opportunity for businesses seeking high-traffic exposure and a modern, well-maintained space. The minimum divisible space is 1,700 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Total area 9,120 SF
Lot 2.02 ac (87,991 SF)
APN 11-160200
UPID US66-0423999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Island WaterSports (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Haggi INC · 7 yrs held
Haggi INC
since 2018
1 recorded transaction
2018
$85,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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