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    249 Rocky River Dr Berea, OH 44017

    Sponsored
    For Sale
    $475,000

    High-traffic 0.83-acre site, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.83-acre commercial land parcel is strategically located at 249 N Rocky River Drive in Berea, Ohio, 44017, within Cuyahoga County. The property boasts a prime location, caddy-corner to a CVS, and benefits from exceptionally high traffic counts. Ohio Department of Transportation data reveals 25,209 vehicles per day (VPD) on Bagley Road and 15,725 VPD on Rocky River Drive, ensuring significant visibility and accessibility for any development. The lot dimensions measure approximately 199 feet by 219 feet. It's zoned as Commercial Center District, allowing for a wide range of commercial uses. The area is densely populated, with a daytime population of 56,274 people within a 3-mile radius. Surrounding businesses include a diverse mix of established retailers and restaurants, such as Giant Eagle, Marcs, Pet Valu, Dollar Tree, AutoZone, Dollar General, McDonald's, and Arby's, creating a vibrant and thriving commercial environment. This property presents a unique opportunity for investors and developers seeking a high-visibility location with excellent access and strong surrounding demographics. The asking price for this exceptional site is $475,000.

    Property Features for 249 Rocky River Dr

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • $475,000 asking price.
    • 0.83‑acre commercial land parcel.
    • Located at 249 N Rocky River Drive, Berea, OH 44017.
    • High traffic counts: Bagley Road (25,209 VPD), Rocky River Drive (15,725 VPD).
    • Zoned Commercial Center District.
    • Excellent visibility; caddy‑corner to CVS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Berea
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8613097
    Latitude
    41.3725537

    Nearby Comparable

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    Nearby Similar for Sale

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      View Details
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    FAQs

    What type of property is this?
    Land - High-traffic 0.83-acre site, ideal for development.
    Where is this land located?
    The property is located at 249 Rocky River Dr Berea, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; 0.83-acre commercial land parcel.; Located at 249 N Rocky River Drive, Berea, OH 44017.
    (216) 535-4730
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    249 Rocky River Dr Berea, OH 44017
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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
    249 Rocky River Dr Berea, OH 44017
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