33382 Walker RdAvon Lake, OH 44012

  • Retail properties
  • 1,368 SF
For Lease

Property Details for 33382 Walker Rd

Year built
1973
Lot size
6.48 AC
Property size (Sq ft)
1,368 SF
Property type
Retail properties
Property subtype
Strip malls
APN
04-00-007-150-004
APU
400007150004

Description

This exceptional retail opportunity presents 1,152 square feet of newly renovated space within a 49,000-square-foot shopping center anchored by Discount Drug Mart. Located in the Avon, Westlake, Rocky River submarket cluster of Lorain County, this Class B property boasts a highly desirable location. The center offers a total of 218 parking spaces, ensuring ample convenience for customers. The available space is divisible down to 775 square feet, providing flexibility for various business needs, with a maximum contiguous space of 1,152 square feet currently available. The property is zoned for Retail/Office/Showroom use, catering to a wide range of potential tenants. This rapidly growing community on the west side of Cleveland is surrounded by new housing developments, guaranteeing a strong and expanding customer base. The recent renovations ensure a modern and attractive space ready for immediate occupancy. This is an unparalleled opportunity to establish a thriving business in a vibrant and expanding market. Don't miss this chance to secure a prime retail location in one of Cleveland's fastest-growing areas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $361,772
    6.5%
    $333,943
    7%
    $310,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $322,466
    Geo Method
    $322,466
  • Alternative Use

    Use
    Valuation
    Residential
    $281,693
    Hospitality
    $258,030
    Educational
    $214,678
    Medical
    $222,061
    Retail
    $333,943
33382 Walker Rd, Avon Lake, Ohio

Location Insight

City
Avon Lake
County
Lorain
State
Ohio
Latitude
41.494
Longitude
-82.0452
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, 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
$82,044
$166,898
$938,018
$1,104,916
-
$476,850
$2,680,050
$3,156,900

FAQs

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