1510 191St StEuclid, OH 44117

  • Retail properties
  • 44,604 SF
For Lease
$1/SF/YR View listing

Property Details for 1510 191St St

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
7.50 AC
Property size (Sq ft)
44,604 SF
Zone code
U4
Property type
Retail properties
Property subtype
Strip malls
APN
646-20-003
APU
64620003

Description

Indian Hills Plaza offers three vacant retail spaces for lease in Cuyahoga County. This Class C property, built in 1988, totals 10,200 square feet and is currently 100% available. The building is comprised of three separate suites, offering flexibility for various business needs. Each suite is individually accessible, providing tenants with privacy and independence. The minimum leasable space is 2,400 square feet, while the maximum contiguous space available is 4,200 square feet. This presents an excellent opportunity for businesses seeking a versatile and adaptable retail space. The property's multiple-tenancy structure allows for a diverse range of tenants, creating a vibrant and dynamic commercial environment. The location in Cuyahoga County offers convenient access to major transportation routes and a strong customer base. This is an ideal opportunity for businesses looking to establish a presence in a well-established commercial area. The property's size and layout are suitable for a variety of retail uses, including office space, restaurants, and storage facilities. With its ample square footage and flexible lease options, Indian Hills Plaza is ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,795,656
    6.5%
    $10,888,298
    7%
    $10,110,563
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,514,091
    Geo Method
    $10,514,091
  • Alternative Use

    Use
    Valuation
    Residential
    $9,184,687
    Hospitality
    $8,413,124
    Educational
    $6,999,620
    Medical
    $7,240,348
    Retail
    $10,888,298
1510 191St St, Euclid, Ohio

Location Insight

City
Euclid
County
Cuyahoga
State
Ohio
Latitude
41.5596
Longitude
-81.5486
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
$34,550
$216,060
$98,950
$315,010
-
$617,300
$282,700
$900,000

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