874 Aurora Rd Macedonia, OH 44056-1904
Property Lookup
Property profile & analytics
874 Aurora Rd Macedonia, OH 44056-1904
- Retail space
- 3,936 SF
- 0.42 lot acres
Property ID
US66-1677417
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.
Location Intelligence
Current Use by Public Records
- S D Oswiecinski Inc / Dental Office
- Alexander Kathy / Dental Office
- Kairo Kids Childcare / Daycare Center
Property Details for 874 Aurora Rd
- Year built
- 1969
- Lot size
- 0.42 lot acres
- Property size
- 3,936 SF
- Property type
- Retail space
- APN
- 33-03507
- APU
- 3303507
Description
This exceptional investment opportunity presents a fully leased, three-unit retail center in Macedonia, Ohio, boasting nearly 4,000 square feet of rentable space on a 0.42-acre lot. Currently operating at 80% occupancy, the property generates a stable monthly income of $2,850 plus CAM fees from established tenants, including a daycare and salon. A vacant 1,500 square foot unit offers significant upside potential, projecting a total pro forma monthly income of $4,350 plus CAM fees. Recent improvements include a brand-new (2023) 17-space parking lot. Each unit features its own Trane furnace (inspected annually), private hot water tank, and bathroom. A recent 30-foot sewer scope confirmed no blockages. The property is conveniently located off I-271, a major thoroughfare with high daily traffic volume (15,000-18,000 vehicles directly, and over 60,000 vehicles on nearby I-271), and is surrounded by national retailers such as Starbucks, Hobby Lobby, Planet Fitness, Home Depot, Nordstrom Rack, and Pulp, ensuring high visibility and accessibility. Situated in a thriving area with a median household income exceeding $100,000 and a growing population, this B-1 zoned property in the Convenience Business District offers strong leasing potential and immediate cash flow in one of Northeast Ohio's most desirable markets. While the age of the roof and mechanical systems is unknown, the property's recent upgrades and strong tenant base make it a compelling investment.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Macedonia
- County
- Summit
- State
- Ohio
- Longitude
- -81.5074
- Latitude
- 41.3135
- CBSA code
- 10420
- CBSA name
- AKRON, 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
$8,109
$80,090
$50,160
$130,250
-
$228,830
$143,320
$372,150
