4753 Northfield RdNorth Randall, OH 44128

Property Details for 4753 Northfield Rd

Year built

2006

Lot size

0.97 AC

Property size (Sq ft)

11,774 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

771-10-039

APU

77110039

Description

This exceptional retail property, located at 4753 Northfield Road in Cuyahoga County, offers a total of 15,000 square feet across eight individual suites. Currently, one suite with 4,500 square feet of contiguous space is available for lease. The building enjoys a highly visible location just north of the well-lit intersection of Miles and Northfield Roads, situated on the east side of the street. This prime location ensures excellent visibility and accessibility for potential customers. The property features prominent pylon signage opportunities, providing exceptional branding potential for tenants. The building's multiple suite configuration makes it ideal for a variety of retail businesses, offering flexibility for both large and smaller operators. The available 4,500 square foot space presents a significant opportunity for a business seeking a substantial presence in a thriving commercial area. With its strategic location and ample signage options, this property is poised to attract a significant customer base. The property's size and layout offer a unique opportunity for businesses seeking a prominent location in a busy commercial corridor. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,113,668

  6.5%

  $2,874,155

  7%

  $2,668,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,775,377

  Geo Method

  $2,775,377

• Alternative Use

  Use

  Valuation

  Residential

  $2,424,458

  Hospitality

  $2,220,790

  Educational

  $1,847,671

  Medical

  $1,911,216

  Retail

  $2,874,155

Location Insight

City

North Randall

County

Cuyahoga

State

Ohio

Latitude

41.4286

Longitude

-81.5249

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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