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Property profile & analytics
OFF-MARKET Estimated value $585,000
Strip malls

9065 Springfield Rd Poland, OH 44514-3104

19,564 SF 1.78 ac lot Built 2005
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US66-6086645
Property summary
AI-generated overview

This exceptional 19,550 square foot multi-tenant retail building in Poland, OH presents a fantastic investment opportunity. Currently housing a diverse mix of established businesses including Dollar General, Lin's Garden Chinese Restaurant, Vivo's Barbiere, and B33 Wine Bar, this property offers immediate income potential and strong tenant occupancy. Two prime retail spaces are available for lease, measuring 2,280 and 3,212 square feet respectively, providing flexibility for a variety of businesses. The plaza boasts a highly visible location near the corner of Five Points, a major intersection in Poland, ensuring maximum exposure and foot traffic. Convenient front door parking and a wide frontage on each tenant space maximize accessibility. Extensive signage opportunities are available, including front wall signs and a large tenant pylon sign. The property also features easy ingress and egress on North Lima Road to Western Reserve Road, with close proximity to Route 680, enhancing convenience for both customers and employees. Additional parking is located at the rear of the plaza. This is a rare opportunity to acquire a well-established, high-traffic retail property in a thriving community. The existing tenant mix provides a strong foundation for future growth and profitability. Don't miss this chance to secure a prime retail location in a desirable market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 19,564 SF
Lot 1.78 ac (77,319 SF)
APN 01-180-0-019.00-0
UPID US66-6086645
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$585k
Owner & transaction history
Cocca Properties 6 LLC · 20 yrs held
Cocca Properties 6 LLC
since 2005
3 recorded transactions
2023
Price N/A
2016
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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