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    2221 Brookpark Rd Cleveland, OH 44134

    Sponsored
    For Sale
    $399,900

    SINGLE_FAMILY - Parma, OH

    Type:Retail
    Lot size:
    0.11 Acres
    Days on Market:
    49
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 2221 Brookpark Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement
    APN
    445-01-036
    Parking
    6
    Parking features
    Parking Lot
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    3
    Number of units
    2
    Roof type
    Asphalt, Rolled Hot Mop

    Keller Williams Citywide (440) 892-2211 [email protected]

    Listing agent James P Matheos (440) 847-9033 License #2015001911

    Listing date Nov 18, 2025

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Commercial Investment Property

    This two-story all-brick commercial property is a triple net (NNN) investment opportunity situated on a high-traffic street. The property features approximately 10,800 square feet of retail and office space, along with over 3,500 square feet of open storage space in the basement, accessible from the main floor unit. There are also six off-street parking spaces available in the front. The property is fully occupied and generates a gross annual income of $53,400, reflecting a 10.8% capitalization rate. The current monthly income is $4,100, totaling $49,200 annually. The main floor is occupied by a liquidation company that has been in business for over 10 years and uses the space for warehousing. The second floor is occupied by a well-established and growing commercial photography and digital imaging company. The property taxes are $3,743 annually, and insurance costs are $1,743 annually. Both tenants have the balance of their two-year leases with a two-year option to add on. Tenants are responsible for all utilities and maintenance. The property is located in Parma, Ohio, in Cuyahoga County, and has a lot size of 0.1102 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    On The Edge Dance Company Dance School As One Realty ... Real Estate Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.69759073
    Latitude
    41.41924813

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    FAQs

    What type of property is this?
    Retail space - Fully occupied, two-story commercial property with high traffic visibility.
    Where is this retail space located?
    The property is located at 2221 Brookpark Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - High-traffic location with great visibility.; - Turnkey investment with existing tenants and $49,200 annual income.; - Triple Net (NNN) lease structure: tenants pay for utilities and maintenance.
    (440) 847-9033
    Request Owner's contact information
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    Cleveland, OH 44134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2221 Brookpark Rd Cleveland, OH 44134
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