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    7450-7490 Broadview Rd Parma, OH 44134

    For Lease
    Contact for pricing

    Parma, OH retail center with 4 spaces available.

    Lot size:
    41,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    American Freight Plaza, located at 7450-7490 Broadview Rd in Parma, Ohio (zip code 44134), presents a compelling retail investment opportunity. This single-building neighborhood center encompasses a total of 41,694 square feet situated on a 4.55-acre lot in Cuyahoga County. Currently, there are four available spaces ranging in size from 0 to 7,130 square feet, totaling 16,649 square feet of vacant space. The property's classification is retail, specifically a neighborhood center with multiple tenancies. The address is easily accessible from Broadview Road, providing excellent visibility and convenient access for customers. This property is ideal for businesses seeking a well-located retail space in a thriving community. The flexible space options allow for a variety of retail concepts, making it an attractive proposition for both established businesses and new ventures. The significant vacant square footage presents a unique opportunity for expansion or the addition of new tenants. Further details regarding lease terms and conditions are available upon request. This property offers a strong foundation for growth and success in a desirable retail market.

    Property Features for 7450-7490 Broadview Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,694 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Space 3
    Size
    3,600 SF
    Space
    Space 4
    Size
    4,200 SF
    Space
    Space 5A
    Size
    1,719 SF
    Space
    2
    Size
    7,130 SF

    HighLights

    • Neighborhood shopping center at the NW corner of Broadview Rd and Pleasant Valley Rd.
    • Two available spaces: Units 4 and 5a.
    • High traffic counts: 24,000 VPD Pleasant Valley Rd & 15,000 VPD Broadview Rd.
    • High‑income area.
    • 41,694 SF retail building on a 4.55‑acre lot in Parma, OH with 16,649 SF of vacant space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.6853814
    Latitude
    41.3631716

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    FAQs

    What type of property is this?
    Neighborhood center - Parma, OH retail center with 4 spaces available.
    Where is this neighborhood center located?
    The property is located at 7450-7490 Broadview Rd Parma, OH.
    What are key features of this property?
    This property features: Neighborhood shopping center at the NW corner of Broadview Rd and Pleasant Valley Rd.; Two available spaces: Units 4 and 5a.; High traffic counts: 24,000 VPD Pleasant Valley Rd & 15,000 VPD Broadview Rd.
    Request Owner's contact information
    7450-7490 Broadview Rd Parma, OH 44134
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    Parma, OH 44134
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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
    7450-7490 Broadview Rd Parma, OH 44134
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