Freestanding Equipped Restaurant
16333 SNOW RD Brook Park, OH 44142
16333 SNOW RD, Brook Park, OH, 44142
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For Sale
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Freestanding restaurant with fully equipped commercial kitchen, dine-in/takeout/catering capabilities, and on-site parking on a 1-acre lot.
Property Size4,468 SF
Lot Size1.00 Acre
Price / SF$738.59
Days on Market80
Property Features for 16333 SNOW RD
General Information
- Standard status
- Active
- Size
- 4,468 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agency
Russell Commercial Advisory
(216) 839-5500
Listed by
Michael Pasadyn Jr · License #OH 2018001645
Source
Crexi
Added: May 3 Updated: Jul 20 at 8:36PM Checked: Jul 20 at 8:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Commercial Advisory
Investment Insights
Based on property information with market context.
Freestanding restaurant building offering a fully equipped commercial kitchen and the ability to support dine-in, takeout, and catering. The property is listed as an approximately ±15,000 SF facility on a 1-acre lot with large on-site parking. The building was built within the last 25 years.
Located at 16333 Snow Rd in Brook Park, OH, the site is minutes from Cleveland Hopkins International Airport and in close proximity to the new Cleveland Browns stadium development. The property is positioned along major transportation corridors and is presented as a high-visibility location with surrounding development activity.
Located at 16333 Snow Rd in Brook Park, OH, the site is minutes from Cleveland Hopkins International Airport and in close proximity to the new Cleveland Browns stadium development. The property is positioned along major transportation corridors and is presented as a high-visibility location with surrounding development activity.
Key Highlights
- ±5,000 SF freestanding restaurant building built in 2006
- 1‑acre lot with large on‑site parking
- Fully equipped commercial kitchen included
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.1k | $68.52 |
| − Vacancy | −$11.3k | −$2.54 |
| EGI | $294.8k | $65.98 |
| − OpEx | −$88.4k | −$19.80 |
| NOI | $206.4k | $46.19 |
4,468 SF · lease $68.52/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.95M
$2.58M – $3.44M
NOI $206,374 @ 7.0% cap · market cap 6.25%
Second Best
Specialty Retail
$698.3K
$611.0K – $814.6K
NOI $48,878 @ 7.0% cap · market cap 1.48%
Theoretical Best
Warehouse
$3.58M
$3.13M – $4.18M
NOI $250,597 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant with fully equipped commercial kitchen, dine-in/takeout/catering capabilities, and on-site parking on a 1-acre lot.
Where is this conventional restaurant located?
The property is located at 16333 SNOW RD Brook Park, OH.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: ±5,000 SF freestanding restaurant building built in 2006; 1‑acre lot with large on‑site parking; Fully equipped commercial kitchen included
