Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8700 Brookpark Rd Parma, OH 44129

    For Lease
    $3 SF/Yr

    Large Flex Space, Prime Location, High Traffic Area

    Lot size:
    400,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 400,000 square foot flex space property, located at 8700 Brookpark Road in Cuyahoga County, offers a rare opportunity for businesses seeking a significant footprint. Currently featuring 290,478 square feet of vacant space, this single-tenant property boasts a substantial 25.15-acre lot. The building, formerly a furniture department store, includes ample warehouse space with multiple docks, high ceilings, and temperature-controlled areas. Ground-level access is readily available, along with extensive parking and prominent signage opportunities. The property's zoning is General Business (G-B), allowing for a wide range of uses, including production, office, manufacturing, or simply warehouse storage. Its strategic location off the Ridge Road exit on the highly trafficked Brookpark Road corridor provides unparalleled visibility and accessibility. Neighboring prominent retailers such as Menards, Walmart, Home Depot, Sam's Club, and major auto dealerships ensures high traffic volume and excellent brand exposure. This is a truly unique opportunity to secure a large, well-located flex space in a thriving commercial area. The contiguous nature of the warehouse space is a significant advantage for businesses requiring a large, uninterrupted footprint.

    Property Features for 8700 Brookpark Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    400,000 SF
    Total Rate
    108333.33

    Unit(s) available at that property

    Space
    Size
    290,478 SF
    Rate per SF
    $12

    HighLights

    • 400,000 SF retail and industrial flex space, single‑tenant occupancy.
    • 290,478 SF of vacant space available.
    • 25.15‑acre lot.
    • General Business (G‑B) zoning.
    • Located in Cuyahoga County, with high visibility on Brookpark Road, near major retailers and auto dealerships.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harvest Net Institute Religious Institution Valley College College VE Solutions Vending Machine Supplier Brick House Realty Real Estate Agent Amana Distributor Distribution Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.747900052328
    Latitude
    41.418978004962

    Nearby Similar for Lease

    • $4,999 /Mo
      87,120 SF

      Parma Office Space For Rent

      Multiple build-to-suit office units available in Parma, Ohio.
      6731 Sq Ft, Parma, OH 44129
      View Details
    • $1,040 /Mo

      Spacious Parma Multi-Family Home

      Two-bedroom, one-bathroom multi-family home available for rent in Parma.
      6151 Wareham Dr, Parma, OH 44129
      View Details
    • $2,850 /Mo
      3,032 SF

      Functional Office Space For Rent

      3,000 SF office space with highway access and parking.
      1511 Brookpark Rd, Parma, OH
      View Details
    • Contact for pricing
      761 SF

      Retail Space in Parma Center

      Retail opportunities available in a redeveloped power center.
      7903-8253 W Ridgewood Dr, Parma, OH
      View Details
    • Contact for pricing
      1,256 SF

      Retail Space in Parma Center

      Retail opportunities available in a redeveloped power center.
      7729-7783 W Ridgewood Dr, Parma, OH
      View Details
    • Contact for pricing
      910 SF

      Retail Space in Parma Center

      Retail opportunities available in a redeveloped mixed-use power center.
      7401 W Ridgewood Dr, Parma, OH
      View Details

    FAQs

    What type of property is this?
    Flex space - Large Flex Space, Prime Location, High Traffic Area
    Where is this flex space located?
    The property is located at 8700 Brookpark Rd Parma, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 400,000 SF retail and industrial flex space, single-tenant occupancy.; 290,478 SF of vacant space available.; 25.15-acre lot.
    Request Owner's contact information
    8700 Brookpark Rd Parma, OH 44129
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8700 Brookpark Rd
    Parma, OH 44129
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8700 Brookpark Rd Parma, OH 44129
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.