1795 Snow Rd, Parma, OH 44134
Snow View Plaza presents a compelling investment opportunity in a thriving Cuyahoga County location. This 70.06-acre Class B retail center, built in 1995, boasts a single, one-story building with a strong tenant mix. The property features a prominent location with a signalized entrance off Snow Road, experiencing daily traffic counts exceeding 23,000 vehicles. A significant draw is the presence of a Giant Eagle grocery store as an anchor tenant, known for its exceptional sales volume. Supporting tenants include established businesses such as Kumo Japanese Restaurant, Weight Watchers, and Great Clips, ensuring a diverse and stable tenant base. The property is zoned RB and has an APN of 44529006. Currently, one 4,000 square foot retail space is available. The center benefits from a substantial population base, with over 102,700 residents within a three-mile radius and over 252,400 within five miles, providing a large potential customer pool. This property offers a unique blend of established tenants, high visibility, and strong demographics, making it an attractive investment prospect for discerning buyers. The property consists of multiple suites within a single building, offering flexibility for various retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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