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    249 N Rocky River Dr Berea, OH 44017

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    For Sale
    $475,000

    Commercial land with high visibility near Baldwin Wallace University.

    Lot size:
    0.83 Acres

    Property Features for 249 N Rocky River Dr

    General Information

    Lot size
    0.83 Acres

    Source: CBRE | Cleveland Agent Vince Mingo

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

    Overview

    Corner Lot Near University

    This commercial land is a signalized corner lot located at the intersection of N. Rocky River Drive and W. Bagley Road. The property consists of approximately 10.83 acres across parcel numbers 364-023-002, 364-02-019, and 364-02-020. It features 219 feet of frontage on N. Rocky River Drive and 199 feet of frontage on W. Bagley Road, offering a highly visible signage opportunity. The zoning is General Commercial. The site is located within walking distance of Baldwin Wallace University (0.5 miles) and Southwest General Hospital (0.6 miles), and it is minutes from Cleveland Hopkins International Airport (3.1 miles). High traffic counts are observed, with 22,741 vehicles per day at W Bagley Road and Mulberry Street (Source: ODOT 2023).
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Berea
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8613033
    Latitude
    41.3725432

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility near Baldwin Wallace University.
    Where is this commercial land located?
    The property is located at 249 N Rocky River Dr Berea, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Signalized corner lot at the intersection of N. Rocky River Drive and W. Bagley Road.; - Zoned General Commercial.; - High traffic counts: 22,741 vehicles per day at W Bagley Road and Mulberry Street.
    (216) 687-1800
    Request Owner's contact information
    249 N Rocky River Dr Berea, OH 44017
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    Berea, OH 44017
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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
    249 N Rocky River Dr Berea, OH 44017
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