Freestanding Equipped Restaurant
For Sale
Contact for pricing
16333 SNOW RD, Brook Park, OH 44142
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$649.06
Days on Market171
Property Features for 16333 SNOW RD
General Information
Standard status
Active
Size
4,468 SF
Total Parking Spaces
67
Lot size
1.00 Acre
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Year Built
2006
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Russell Commercial Advisory
Listed By:
Michael Pasadyn Jr · License #OH 2018001645
(216) 839-5500
Source:
Crexi
Added: May 3
Changed: Oct 15
Last Checked: Oct 19 at 5:46AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$206,374
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,127,480
$4.1M
Cap Rate 7%
$2,948,200
$2.9M
Cap Rate 9%
$2,293,044
$2.3M
Market Conditions
NOI Build-Up for 4,468 SF
Gross rent
$306.1K $68.52/SF
− Vacancy
−$11.3K −$2.54/SF
EGI
$294.8K $65.98/SF
− OpEx
−$88.4K −$19.80/SF
NOI
$206.4K $46.19/SF
Area
Cuyahoga County, OH
Vacancy
3.70%
Lease Rate
$68.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,127,480
Cap Rate 7%
$2,948,200
Cap Rate 9%
$2,293,044
Alternative Uses
Best Use
Industrial
$2.95M
$2.58M – $3.44M
NOI $206,374 @ 7.0% cap · market cap 7.12%
Second Best
Specialty Retail
$698.3K
$611.0K – $814.6K
NOI $48,878 @ 7.0% cap · market cap 1.69%
Theoretical Best
Warehouse
$3.58M
$3.13M – $4.18M
NOI $250,597 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44142, OH
18,598
Population
8,302
Households
2.2
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
7.4 sq mi
ZIP Area
2,513
Density / Sq Mi
$67,178
Median Household Income
$44,779
Median Earnings
$1,090
Median Rent
$158,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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 $2,900,000.
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
