Cleveland · Commercial sale
Maybel Properties buys 4271 Mayfield Rd in South Euclid for $1.98 million
A shopping center at 4271 Mayfield Rd, South Euclid sold for $1,975,000 on October 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,975,000
- Sold
- October 15, 2026
- Property type
- Shopping center
- Building area
- 18,150 sq ft
- Price per sq ft
- $109
- Year built
- 1971
The $1,975,000 sale was 95% above the recorded market value of $1,014,600. The shopping center at 4271 Mayfield Rd in South Euclid sold on October 15, 2026, according to the Cuyahoga County Fiscal Officer's transfer records.
The deed covers 2 parcels. 4271 Mayfield Rd is the largest one we could identify. The record lists Maybel Properties LLC as the buyer and Cipriani Investment Co Ii and Cipriani Investment Company II LTD as the seller.
Cuyahoga County Fiscal Officer's records show 18,150 square feet of building area, a build year of 1971 and a 1.47-acre lot. The sale price works out to $109 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Cuyahoga County?
By our estimate, the seller's two largest charges, not counting prorations, were $7,900 for the real property conveyance fee (state $1 + county permissive $3 per $1,000) and $3,548.75 for the owner's title insurance policy. Who pays what follows Cuyahoga County custom.
How much did the seller net?
By our estimate, the seller netted about $1,939,781. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,955,557 at closing. That covers the full price and closing costs.
Source: Cuyahoga County Fiscal Officer, parcel transfer records (Cuyahoga County GIS), document 70301016-20261015. Property details: Cuyahoga County Fiscal Officer. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.