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    946 Pearl Rd Brunswick, OH 44212

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    For Sale
    $675,000

    7,200 SF building leased to Clarkson Eyecare with renewal.

    Property size:
    7,200 SF
    Lot size:
    0.58 Acres

    Property Features for 946 Pearl Rd

    General Information

    Size
    7,200 SF
    Lot size
    0.58 Acres

    Source: Gerspacher Real Estate Group Agent Troy Gerspacher, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office/Retail Building with Stable Income

    This 7,200 SF building offers a mix of professional office and retail space. It is currently leased to Clarkson Eyecare, a nationally recognized tenant, providing long-term income stability. The existing modified gross lease has a renewal in place from October 30, 2025, through October 30, 2030, at a monthly rate of $5,445, or $65,340 annually, generating a 7.4% return on investment. The property includes an attached garage that leads to 3,600 SF of additional storage. There are 19 on-site parking spaces available. The standing seam roof was replaced between 1998 and 1999, and both furnaces and HVAC units were replaced between 1997 and 1998. The property is located in Brunswick, OH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brunswick Vision Clinic Optometrist Clarkson Eyecare Eye Care Center Alexandra Potter, OD Optometrist Dr. Bryan Frantz Optometrist Bryan Jacob Frantz Optometrist

    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
    Brunswick
    County
    Medina
    State
    Ohio
    Longitude
    -81.841366
    Latitude
    41.2497267

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    FAQs

    What type of property is this?
    Retail space - 7,200 SF building leased to Clarkson Eyecare with renewal.
    Where is this retail space located?
    The property is located at 946 Pearl Rd Brunswick, OH.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Leased to Clarkson Eyecare, a nationally recognized tenant, ensuring long-term income stability.; - Existing modified gross lease with renewal in place from October 30, 2025, through October 30, 2030.; - Generates a solid 7.4% return on investment.
    (216) 470-4545
    Request Owner's contact information
    946 Pearl Rd Brunswick, OH 44212
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    Brunswick, OH 44212
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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
    946 Pearl Rd Brunswick, OH 44212
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