Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2363 Aurora Rd Twinsburg, OH 44087

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime QSR location, vacant, ready for lease.

    Property size:
    3,048 SF

    Property Features for 2363 Aurora Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,048 SF
    Lot Size
    59,242 SF

    Building Details

    Units
    1

    We can help!

    Listing Contact
    Kevin Moss
    Kevin Moss

    Listing Agency: CBRE | Cleveland Listing Agent: Kevin Moss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional freestanding restaurant opportunity presents a 3,048 square foot building situated on a 1.36-acre lot in Twinsburg, Ohio. The property, located at 2363 E Aurora Rd, 44087, boasts a highly desirable drive-thru, a key feature for quick-service restaurants. Previously occupied by a Wendy's, this vacant building presents a turnkey solution for a new tenant seeking immediate occupancy. The property is categorized as Retail, specifically QSR/Fast Food and Restaurant, and is offered at an asking price of $800,000. The property's parcel number (APN) is 6407752. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. The building consists of a single unit (1 unit) and is currently vacant, providing an immediate opportunity for a new business to establish itself in a thriving location. Its strategic location in Summit County, Ohio, offers excellent visibility and accessibility, making it an ideal investment for a fast-food operator or similar business. The property's size and features make it suitable for a variety of QSR concepts. This is a rare opportunity to acquire a well-located, established restaurant property with a drive-thru in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Twinsburg
    County
    Summit
    State
    Ohio
    Longitude
    -81.4545199
    Latitude
    41.3118663

    Nearby Similar for Sale

    • Contact for pricing
      3,422 SF

      Twinsburg Office Investment Opportunity

      Well-maintained office property with strong cap rate in Twinsburg.
      2112 S Case Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      8,660 SF

      Twinsburg Office Building For Sale

      8,660 SF office building with tenant in place.
      2285 E Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • $4,976,000
      62,200 SF

      Twinsburg Industrial Warehouse For Sale

      62,200 SF industrial warehouse located in Twinsburg, Ohio.
      1933 Highland Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      10,930 SF

      New Retail Building For Sale

      Recently constructed retail building with long-term NNN lease.
      8275 Darrow Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      14,572 SF

      Class A Office Building

      Modern, fully occupied office building near highway access.
      8948 Canyon Falls Blvd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      16,160 SF

      Versatile Commercial Property with Warehouse

      16,160 SF property with office, warehouse, and kitchen.
      9458 Ravenna Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      1,860 SF

      Twinsburg Office/Flex Condo For Sale

      1,860 SF office/flex condo in Twinsburg business park.
      2240-2254 Enterprise B-4 Pkwy, Twinsburg, OH
      View Details
    • Contact for pricing
      3,612 SF

      Renovated Flex Space with Expansion

      Flex space with warehouse, office, expansion potential, and easy access.
      2077 Midway Dr, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      17,500 SF

      Twinsburg Office Building For Sale

      17,500 SF office building with ample parking.
      2181 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      13,297 SF

      Twinsburg Office Condo For Sale

      13,297 SF office condo in Twinsburg's business district.
      2351 Edison Blvd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      41,000 SF

      Industrial Investment Property For Sale

      Industrial property for sale with a new long-term lease.
      1760 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      50,000 SF

      Twinsburg Warehouse Investment Opportunity

      50,000 SF warehouse with office space for sale.
      2300 E Enterprise Pkwy, Twinsburg, OH 44087
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime QSR location, vacant, ready for lease.
    Where is this restaurant located?
    The property is located at 2363 Aurora Rd Twinsburg, OH.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 3,048 SF freestanding restaurant building on a 1.36-acre lot in Twinsburg, OH.; Highly desirable drive-thru.; Previously a Wendy's; vacant and ready for immediate occupancy.
    (216) 577-1517 Call to check price and availability
    Request Owner's contact information
    2363 Aurora Rd Twinsburg, OH 44087
    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.
    2363 Aurora Rd
    Twinsburg, OH 44087
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2363 Aurora Rd Twinsburg, OH 44087
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Moss
    Kevin Moss
    Real Estate License ID: SAL.2015001299
    (216) 577-1517 (216) 687-1800 (216) 363-6453
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!