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Property profile

874 E Aurora Rd Macedonia, OH 44056

FOR LEASE
Retail space
Property ID
US66-1677417
3,936 SF 0.42 ac lot Built 1969
Last sale May 2025 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A multi-tenant strip center in Macedonia, Ohio, configured with 3 units totaling nearly 4,000 rentable square feet. The property is situated on a 0.4202-acre lot and is zoned B-1 (Convenience Business District). Site improvements include a parking lot with 17 spaces, with a replacement completed in 2023, and a 30-foot sewer scope performed for inspection/assessment. Each unit is provided with its own Trane furnace (with annual inspections), private hot water tanks, and private bathrooms. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$130k
Assessed land$80k
Assessed improvement$50k
Effective rate6.23%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$185
Operating expenses−$2k
NOI · 243.65% cap applied$4k

Realmo valuation models over county records and 35 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 236 recorded sales of this use type
Observed band · Q1–Q3$32 – $96
Qualifying comparables35

Cap rate analysis

How does the asset earn?
243.65%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUMMIT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.9
Realty agency15.2
Spa & Massage11.2

Location

874 E Aurora Rd Macedonia, OH 44056
County assessor Recorded deeds · 6 transfers 35 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8821 Fwy, Macedonia, OH 44056-1506 $1,000,000 Aug 2024 11,160 SF
1171 Highland E, Macedonia, OH 44056-2305 $315,000 Jun 2024 3,120 SF
390 Highland E, Macedonia, OH 44056-2170 $662,300 Jan 2022 8,704 SF
384 Highland E, Macedonia, OH 44056-2139 $420,000 Jan 2022 4,600 SF
393 Highland E, Macedonia, OH 44056-2103 $250,000 Apr 2021 11,640 SF
8945 Fwy, Macedonia, OH 44056-1507 $115,000 Dec 2020 10,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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