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Property profile & analytics
OFF-MARKET
Specialty properties

0 4172-4174-4178 Rocky Riv Dr Cleveland, OH 44135

11,800 SF 0.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 4172-4174-4178 Rocky River Drive in Cleveland, Ohio, presents a compelling value-add investment opportunity. The 11,800 square foot building sits on a 0.57-acre lot and comprises two buildings, each two stories high. The property features a fully leased 6,251 square foot retail space occupied by "Flight Rentals" and "Dante's Pizza," generating consistent rental income. In addition, the property includes six fully leased apartments – three one-bedroom units and three two-bedroom units. The apartments underwent renovations in 2018 and 2023. Recent capital improvements include a new roof and boiler installed in 2024. The property also boasts a three-car garage (880 square feet), offering additional utility. The asking price is $799,000, translating to $67.71 per square foot. The property benefits from high traffic volume due to its prime location in the Kamms Corner District, with convenient access to Interstates 71 and 90. The property's zoning is LR-C1, Local Retail Business. The owner is responsible for water/sewer, gas, real estate taxes, property maintenance, and CAM fees

Property profile
Verified
Property type Specialty properties
Total area 11,800 SF
Lot 0.57 ac (24,829 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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