940 Babbitt Rd, Euclid, OH 44123
- Automotive properties
- 6,086 SF
- 5.60 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 940 Babbitt Rd
- Year built
- 1994
- Lot size
- 5.60 lot acres
- Zone code
- U4
- Property type
- Automotive properties
- APN
- 643-19-026
- APU
- 64319026
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 21, 2024 | — | 940 Babbit LLC | Mj 940 LLC | Limited Warranty Deed | — |
| Dec 20, 2021 | — | Cm 940 LLC | — | Deed · related | $1.7M · Americredit Financial Services INC |
| Oct 10, 2017 | — | Cm 940 LLC | — | Deed · related | $2M · Americredit Fin'l Svcs |
| Mar 13, 2014 | — | Dd 940 LLC | Cmp Properties LP | Quit Claim Deed · related | $2.2M · Ally Bk |
| — | — | Cmp Properties | — | Deed Of Trust · related | $2.6M · Wayne Savings Community Bank |
| — | — | Cmp Properties LP | — | Deed Of Trust · related | $1.8M · Gmac Mortgage Corp |
| — | — | Cm 940 LLC | — | Deed Of Trust · related | $2M · Americredit Fin'l Svcs |
Description
This exceptional Euclid, Ohio retail property, located at 940 Babbitt Rd, offers a total of 45,000 square feet of commercial space currently available for lease. The building is situated in Cuyahoga County, zip code 44123, and presents a unique opportunity for multiple tenants or a single large occupant. The property is categorized as a multi-tenant retail space, allowing for flexible lease arrangements to suit various business needs. Individual spaces range from a minimum of 6,000 square feet to a maximum contiguous space of 27,000 square feet, providing options for businesses of different sizes. The entire 45,000 square feet is currently vacant, presenting a blank canvas for a new tenant or a group of complementary businesses. This prime location in Euclid offers excellent visibility and accessibility, making it an ideal spot for retail operations seeking a strong presence in a thriving community. The property's size and flexibility make it suitable for a wide range of retail concepts, from large-format stores to smaller boutiques. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy. This is a rare opportunity to secure a significant retail presence in a desirable location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,064,000
- AI Estimate
- $976,000
Market price range: $265k - $1.06MMarket price range: $296k - $976k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,085,000
- OFFICE BUILDING
- $995,000
- MEDICAL BUILDING
- $665,000
- NEIGHBORHOOD: SHOPPING CENTER
- $645,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5152
- Latitude
- 41.5955
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
