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    480 Pearl Rd Brunswick, OH 44212

    • Bars
    • 2,122 SF
    • 1.01 lot acres
    For Sale
    View listing
    $399,000
    Value Estimation
    Last Sale
    Feb 28, 2022
    $180,000
    Location Intelligence
    Property ID
    US66-5222657
    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

    • Bars

    Property Details for 480 Pearl Rd

    Year built
    1958
    Lot size
    1.01 lot acres
    Property size
    2,122 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    001-02A-17-173
    APU
    00102A17173

    Description

    This exceptional 2.25-acre commercial land parcel presents a unique redevelopment opportunity in Brunswick, Ohio. Strategically located on Pearl Road, this property boasts 410 feet of frontage and 400 feet of depth on Chestnut Avenue. The site comprises seven separate parcels, offering flexibility for various development plans. All utilities are readily available. A clean Phase 1 environmental assessment was completed in 2022. The property is zoned C-2 Community Commercial (Brunswick Hills) and G-C General Commercial (Brunswick), allowing for a wide range of commercial uses. Situated just one mile north of the intersection of Pearl Road and Center Road (Rt 303), this location offers convenient access to I-71 (3.8 miles, 10-minute drive). The high traffic count on Pearl Road (14,668 vehicles daily) ensures excellent visibility and accessibility. Annual real estate taxes for 2023 were $6,546.76. This thriving area, situated between Grafton and Boston Road, benefits from a dense residential population. The existing structure will require demolition, presenting a blank canvas for your vision. The asking price is $399,000, translating to approximately $177,333 per acre. This is an unparalleled opportunity to capitalize on the growth and potential of this prime Brunswick location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $275,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $255,000
      Mixed-Use
      $260,000
      Hospitality
      $265,000
      Educational
      $280,000
      Residential Income
      $225,000
      Energy
      $260,000
      Income-Based Land
      $275,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Medina
    State
    Ohio
    Longitude
    -81.842
    Latitude
    41.2623
    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
    $2,514
    $49,260
    $22,240
    $71,500
    -
    $140,730
    $63,550
    $204,280

    Comparable in this City

    • Value Estimation
      $165,000
      2,254 SF

      522 Pearl Rd

      BAR, TAVERN • 2,254 SF
      522 Pearl Rd, Brunswick, OH 44212-1148
      View Details
    • Value Estimation
      $445,000
      2,310 SF

      3739 Ctr Rd

      BAR, TAVERN • 2,310 SF
      3739 Ctr Rd, Brunswick, OH 44212-3031
      View Details
    • Value Estimation
      $200,000
      780 SF

      1177 Pearl Rd

      BAR, TAVERN • 780 SF
      1177 Pearl Rd, Brunswick, OH 44212-2865
      View Details
    • Value Estimation
      $400,000
      4,130 SF

      2400 Substation Rd

      BAR, TAVERN • 4,130 SF
      2400 Substation Rd, Brunswick, OH 44212
      View Details
    • Value Estimation by Request
      13,887 SF

      3871 Center Rd

      Individual retail properties • 13,887 SF
      3871 Center Rd, Brunswick, OH 44212
      View Details
    • Value Estimation
      $275,000
      3,435 SF

      1165 Pearl Rd

      RESTAURANT • 3,435 SF
      1165 Pearl Rd, Brunswick, OH 44212-2864
      View Details

    Similar Nearby for Sale

    • $1,250,000
      9,500 SF

      Retail Property on Pearl Road

      9,500 SF retail space with high traffic counts.
      1633 Pearl Rd, Brunswick, OH 44212
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    • $700,000

      Prime Retail Location in Brunswick

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    • $3,100,000
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    • $750,000
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      Brunswick Commercial Land - $750K

      1.48 Acres, High-Traffic Location
      0 001-02C-18-008, Brunswick, OH 44212
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    • $675,000
      7,200 SF

      Office/Retail Building with Stable Income

      7,200 SF building leased to Clarkson Eyecare with renewal.
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    • $185,000
      4.80 Acres

      Brunswick Residential Land - 4.79 Acres

      Prime residential lot, secluded yet convenient.
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    Similar Nearby for Lease

    • Contact for pricing
      1,975 SF

      Freestanding Restaurant with Drive-Thru

      1,975 SF restaurant with drive-thru on 1.21 acres.
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      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Brunswick, Ohio

      Retail property with high visibility and ample parking available for lease.
      1055-1085 Pearl Rd, Brunswick, OH 44212
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Tourist Attraction

      Retail space with high visibility near Mapleside Farms.
      55-69 Pearl Rd, Brunswick, OH 44212
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    • Contact for pricing
      44,500 SF

      Brunswick Retail Center - Prime Location

      High-traffic storefront, multiple tenants, Medina County.
      1655 Pearl Rd, Brunswick, OH 44212
      View Details
    • Contact for pricing
      129,365 SF

      Hickory Ridge Shopping Center - Brunswick, OH

      Retail space available, prime Brunswick location.
      1051-1091 Pearl Rd, Brunswick, OH 44212
      View Details
    • Contact for pricing
      949 SF

      Meijer In-Store Retail Space

      949 SF Retail Space in Medina County
      3800 Center Rd, Brunswick, OH 44212
      View Details
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    480 Pearl Rd
    Brunswick, OH 44212
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    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
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