Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    249 Rocky River Dr Berea, OH 44017

    • Retail space
    • 3,108 SF
    • 0.36 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-1389921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 249 Rocky River Dr

    Year built
    1966
    Construction
    WOOD
    Lot size
    0.36 lot acres
    Property size
    3,108 SF
    Zone code
    G
    Property type
    Retail space
    APN
    364-02-002
    APU
    36402002

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $145,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $130,000
      Mixed-Use
      $145,000
      Hospitality
      $125,000
      Educational
      $165,000
      Residential Income
      $150,000
      Energy
      $165,000
      Income-Based Land
      $145,000
      Food Service
      $125,000

    Location Insight

    • Map
    • Local Demand
    City
    Berea
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8615
    Latitude
    41.3727
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,149
    $32,730
    $1,050
    $33,780
    -
    $93,500
    $3,000
    $96,500

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      70 Front St

      Individual retail properties • 6,000 SF
      70 Front St, Berea, OH 44017
      View Details
    • Value Estimation by Request
      1,520 SF

      1005 Bagley Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,520 SF
      1005 Bagley Rd, Berea, OH 44017-2907
      View Details
    • Value Estimation
      $440,000
      2,220 SF

      777 Rocky Riv Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,220 SF
      777 Rocky Riv Dr, Berea, OH 44017
      View Details
    • Value Estimation
      $480,000
      29,456 SF

      Ee Brg St

      RETAIL STORES (PERSONAL SERVICES) • 29,456 SF
      Ee Brg St, Berea, OH 44017
      View Details
    • Value Estimation
      $280,000
      7,730 SF

      730 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 7,730 SF
      730 Frnt St, Berea, OH 44017-1609
      View Details
    • Value Estimation
      $425,000
      5,925 SF

      762 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 5,925 SF
      762 Frnt St, Berea, OH 44017-1609
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Berea Storefront: Prime Retail Space

      6,000 SF Retail Space, Excellent Location
      70 Front St, Berea, OH 44017
      View Details
    • $599,900
      2,510 SF

      Established Dry Cleaning Business For Sale

      Long-standing family-run dry cleaning business with real estate included.
      232 Front St, Berea, OH 44017
      View Details
    • Contact for pricing
      6,000 SF

      Bakery with Apartments For Sale

      6,000 SF bakery with two apartments near university.
      70 Front St, Berea, OH 44017
      View Details
    • $1,000,000
      3,049 SF

      Turnkey Restaurant For Sale

      Freestanding, fully equipped restaurant with ample parking and outdoor patio.
      30 Depot St, Berea, OH 44017
      View Details
    • Contact for pricing
      3,182 SF

      Retail Property in Berea, Ohio

      Retail property with parking and frontage on two streets.
      799 Front St, Berea, OH 44017
      View Details
    • $275,000
      0.19 Acres

      Berea Commercial Building with Dual Frontage

      Single-story commercial building in Berea with excellent visibility.
      24 Beech St, Berea, OH 44017
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,357 SF

      Retail Space in Berea, OH

      Retail spaces available in Giant Eagle anchored shopping center.
      50-60 W Bridge St, Berea, OH 44017
      View Details
    • $600 /Mo
      10,019 SF

      Updated Office Space For Rent

      Highly visible, updated office space near Browns training facility.
      505 Front St, Berea, OH 44017
      View Details
    • Contact for pricing
      47,308 SF

      West Valley Plaza Retail Center

      Berea, Ohio: Prime Retail Space Available
      371-447 Bagley Rd, Berea, OH 44017
      View Details
    • $550 /Mo
      800 SF

      Renovated Office Spaces Available

      Modern office spaces for rent with flexible terms.
      398 W Bagley Rd, Berea, OH 44017
      View Details
    • $1,300,000
      4,000 SF

      Renovated Office Space Available

      Contiguous office space for rent, renovated in 1989.
      58 Front St, Berea, OH 44017
      View Details
    • Contact for pricing
      975 SF

      Versatile Flex Space Near Airport

      Flex space with office and warehouse near I-480 and I-71.
      682 W Bagley Rd, Berea, OH 44017
      View Details
    Request Owner's contact information
    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.
    249 Rocky River Dr
    Berea, OH 44017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.