4127 Mayfield RdSouth Euclid, OH 44121

Property Details for 4127 Mayfield Rd

Year built

1953

Construction

TYPE NOT SPECIFIED

Lot size

0.15 AC

Property size (Sq ft)

5,226 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Retail space

APN

702-05-017

APU

70205017

Description

This exceptional 9,000 square foot commercial property, located on the north side of Mayfield Road in Cleveland's Cuyahoga County, presents a unique investment opportunity. Situated between Warrensville Center Road and South Belvoir Boulevard, this prime location offers excellent visibility and accessibility. The building is currently configured as a multi-tenant space, with three suites available for lease. Flexible space options cater to a variety of business needs, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 7,000 square feet. The property's classification as both retail and office space, specifically highlighting its "Creative Office" subtype, makes it ideal for businesses seeking a blend of functionality and aesthetic appeal. The building's versatile layout allows for customization to suit individual tenant requirements. This is an excellent opportunity to establish a presence in a thriving Cleveland submarket, benefiting from high traffic volume and proximity to key transportation routes. The property's diverse space options make it suitable for a range of businesses, from small startups to established enterprises. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional Mayfield Road location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,382,031

  6.5%

  $1,275,721

  7%

  $1,184,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,231,877

  Geo Method

  $1,231,877

• Alternative Use

  Use

  Valuation

  Residential

  $1,076,118

  Hospitality

  $985,718

  Educational

  $820,106

  Medical

  $848,311

  Retail

  $1,275,721

Location Insight

City

South Euclid

County

Cuyahoga

State

Ohio

Latitude

41.521

Longitude

-81.5315

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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