5873 Mayfield RdMayfield Heights, OH 44124

  • Commercial real estate
  • 0.26 AC

Property Details for 5873 Mayfield Rd

Lot size
0.26 AC
Zone code
U-4
Property type
Commercial real estate
APN
861-05-012
APU
86105012

Description

This exceptional 1,500 square foot retail space is ideally located at 5873 Mayfield Road in Mayfield Heights, Ohio, 44124, in Cuyahoga County. Situated on Mayfield Road, this property boasts prime visibility and high traffic counts due to its location directly across from a newly constructed Sheetz, Raising Cane's, and Verizon store. The space is available for lease and is suitable for a variety of uses, including inline retail, endcap retail, gym/fitness center, office space, restaurant, or storefront. The tenancy is multiple, offering flexibility for potential tenants. The property's address is 5873 Mayfield Road, with a cross street of Belrose Road. This location offers unparalleled access to a dense population base and significant consumer traffic, making it an exceptional opportunity for businesses seeking high visibility and strong foot traffic. The property type is retail, and the space is currently vacant. This is a rare opportunity to secure a highly desirable retail space in a thriving commercial area. Interested parties should inquire promptly to learn more about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,368,036
    Hospitality
    $2,169,109
    Educational
    $1,804,673
    Medical
    $1,866,738
    Retail
    $2,807,269

Location Insight

City
Mayfield Heights
County
Cuyahoga
State
Ohio
Latitude
41.5205
Longitude
-81.4679
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
$3,638
$40,250
-
$40,250
-
$115,000
-
$115,000

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