33605 Solon Rd Solon, OH 44139-2920
- Auto shops
- 4,800 SF
- 0.91 lot acres
Mar 16, 2025
Current Use by Public Records
- Auto shops
Property Details for 33605 Solon Rd
- Year built
- 1996
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.91 lot acres
- Property size
- 4,800 SF
- Zone code
- C-1
- Property type
- Auto shops
- APN
- 952-20-024
- APU
- 95220024
Description
This exceptional investment opportunity presents a 4,800 square foot freestanding auto service building situated on a 0.914-acre lot in Solon, Ohio. Located at 33605 Solon Road, 44139, this property offers significant potential for a variety of uses, given its size and prime location within Cuyahoga County. The asking price is $765,000, translating to a price per square foot of $159.38. The building's design is ideal for an auto service business, but its versatility allows for adaptation to other retail ventures. The substantial lot size provides ample space for parking and potential expansion. The property benefits from high visibility due to its prominent road frontage, ensuring strong exposure to potential customers. This is a rare opportunity to acquire a well-located, freestanding commercial building in a thriving market. The property's strong fundamentals and strategic location make it an attractive investment prospect for discerning buyers seeking a stable and potentially high-return asset. Detailed financial information and property specifics are available upon request. This is a turnkey opportunity for immediate income generation or future development. Don't miss this chance to secure this valuable asset in a desirable location.
Value Estimations
-
AI approach
- Estimation
- $375,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $325,000
- 6.5%
- $280,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $280,000
- Mixed-Use
- $260,000
- Hospitality
- $300,000
- Educational
- $325,000
- Residential Income
- $295,000
- Energy
- $335,000
- Income-Based Land
- $335,000
- Food Service
- $275,000
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Location Insight
- Map
- Local Demand
- City
- Solon
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4405
- Latitude
- 41.3908
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA