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    3866 Rocky River Dr Cleveland, OH 44111

    For Lease
    Contact for pricing

    Freestanding Retail Building, 5,535 SF

    Lot size:
    5,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional freestanding retail or restaurant building, located at 3866 Rocky River Drive in Cleveland, Ohio, presents a unique investment opportunity. The property boasts a total of 5,535 square feet of space, currently entirely vacant and ready for immediate occupancy. Its single-tenant configuration offers flexibility for a variety of uses, making it ideal for a business seeking a prominent location with high visibility. Situated on a 0.45-acre lot, the building offers ample space for parking and potential outdoor seating or expansion. The property's address is 3866 Rocky River Dr, Cleveland, OH 44111, within Cuyahoga County (APN: 026-03-013). The building is classified as a freestanding structure within the retail and restaurant property type. This presents a rare chance to acquire a well-located, sizable commercial property in a thriving area of Cleveland. The entire building is available for sale or lease, providing options for both ownership and tenancy. The property's size and location make it an attractive prospect for businesses seeking a strong presence in the Cleveland market. Interested parties are encouraged to explore this opportunity further. The property is ready for immediate development or occupancy.

    Property Features for 3866 Rocky River Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,535 SF

    Unit(s) available at that property

    Space
    Floor Plan - 1st Floor
    Size
    5,535 SF

    HighLights

    • 0.45‑acre lot with former restaurant building.
    • 5,535 SF ground floor plus second‑floor event space.
    • LR‑C2 zoning allows for various retail uses.
    • High‑traffic corner location exceeding 35,000 cars daily.
    • Situated in a dense, mixed‑use neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    -81.81704
    Latitude
    41.4499939

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    FAQs

    What type of property is this?
    Restaurant - Freestanding Retail Building, 5,535 SF
    Where is this restaurant located?
    The property is located at 3866 Rocky River Dr Cleveland, OH.
    What are key features of this property?
    This property features: 0.45-acre lot with former restaurant building.; 5,535 SF ground floor plus second-floor event space.; LR-C2 zoning allows for various retail uses.
    Request Owner's contact information
    3866 Rocky River Dr Cleveland, OH 44111
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    Cleveland, OH 44111
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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
    3866 Rocky River Dr Cleveland, OH 44111
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