Retail Buildings on Brookpark
9255 Brookpark Rd Parma, OH
9255 Brookpark Rd, Parma, OH, 00000
Contact for pricing
For Sale
Contact for pricing
Two buildings totaling 25,837 SF on 3.825 acres.
Property Size25,837 SF
Lot Size5.58 Acres
Price / SF$174.17
Days on Market387
Property Features for 9255 Brookpark Rd
General Information
- Standard status
- Active
- Size
- 25,837 SF
- Lot size
- 5.58 Acres
- Property subtype
- RETAIL
Listing agency
Newmark | Cleveland
(216) 453-3001
Listed by
Terry Coyne, SIOR, CCIM
Source
Moodyscre
Added: Jun 30, 2025 Updated: Jul 6 at 9:41AM Checked: Jul 21 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Cleveland
Investment Insights
Based on property information with market context.
The property features two buildings with a total area of 25,837 square feet, situated on a 3.825-acre site. Constructed in 1956 and renovated in 1987, the property includes 250 surface parking spaces. It has 158 feet of frontage on Brookpark Road, with two curb cuts. The property is located in a Commercial Manufacturing “B” District and is suitable for an independent used car dealer. A roof-mounted combination unit provides heating and air conditioning.
Key Highlights
- Two buildings totaling 25,837 SF on 3.825 acres
- 250 Surface Spaces available
- 158’ on Brookpark Road with Two Curb Cuts
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $387.6k | $15.00 |
| − Vacancy | −$34.9k | −$1.35 |
| EGI | $352.7k | $13.65 |
| − OpEx | −$105.8k | −$4.10 |
| NOI | $246.9k | $9.56 |
25,837 SF · lease $15.00/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.53M
$3.09M – $4.11M
NOI $246,873 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$20.70M
$18.11M – $24.15M
NOI $1,449,121 @ 7.0% cap · market cap 32.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Two buildings totaling 25,837 SF on 3.825 acres.
Where is this retail property located?
The property is located at 9255 Brookpark Rd Parma, OH.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Two buildings totaling 25,837 SF on 3.825 acres; 250 Surface Spaces available; 158’ on Brookpark Road with Two Curb Cuts
