4614 Warrensville Center RdNorth Randall, OH 44128

Property Details for 4614 Warrensville Center Rd

Year built

1966

Construction

TYPE NOT SPECIFIED

Lot size

1.35 AC

Property size (Sq ft)

20,423 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Strip malls

APN

771-02-018

APU

77102018

Description

Exceptional retail opportunity at Randall Plaza, located at 4614 Warrensville Center Rd, North Randall, OH 44128. This vibrant shopping center offers a total of 25,600 square feet of space, with a minimum divisible unit size of 500 square feet and a maximum contiguous space of 1,600 square feet currently available. A total of 2,100 square feet is currently vacant. The property boasts excellent visibility and signage opportunities, including pylon signage at 4614-4654 Warrensville Center Road and a monument sign. This prime location on Warrensville Center Road, just south of Emery Road, benefits from high traffic counts and proximity to major retailers and amenities. Strong co-tenancy includes Jackson Hewitt, CellTech, Teriyaki Express, and Hair Savvy Beauty, among others. Nearby, you'll find a diverse range of businesses such as Amazon, Jack's Racino, Save A Lot, Family Dollar, CitiTrends, Dollar Tree, Salvation Army, Dollar General, City Blue, Young America Insurance, Wendy's, and Burger King, creating a robust and thriving commercial environment. This property presents a unique chance to establish or expand your business in a high-demand area of Cuyahoga County. The available space is ideal for a variety of retail uses. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,400,921

  6.5%

  $4,985,466

  7%

  $4,629,361

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,814,126

  Geo Method

  $4,814,126

• Alternative Use

  Use

  Valuation

  Residential

  $4,205,427

  Hospitality

  $3,852,148

  Educational

  $3,204,942

  Medical

  $3,315,165

  Retail

  $4,985,466

Location Insight

City

North Randall

County

Cuyahoga

State

Ohio

Latitude

41.4343

Longitude

-81.5367

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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