8750 Wooster Pike Rd Seville, OH 44273
- Drive through restaurants
- 3,631 SF
- 2.05 lot acres
Current Use by Public Records
- Hardee's / Fast Food Restaurant / Hamburger Restaurant
Property Details for 8750 Wooster Pike Rd
- Year built
- 1989
- Lot size
- 2.05 lot acres
- Property size
- 3,631 SF
- Property type
- Drive through restaurants
- APN
- 012-21A-02-002
- APU
- 01221A02002
Description
This exceptional 3,631 square foot freestanding retail building, ideally situated at 8750 Wooster Pike Road, presents a compelling investment opportunity. Currently configured as a restaurant, the property boasts a convenient drive-thru, enhancing operational efficiency and customer convenience. The building benefits from a highly visible corner lot location, providing unrestricted access and ample parking for patrons. A prominent highway pylon sign ensures maximum brand visibility and attracts attention from a wide range of potential customers. The strategic location capitalizes on significant residential and employment growth within the immediate area, guaranteeing a robust and expanding customer base. The single-tenant occupancy offers simplicity and streamlined management, making this property an attractive option for both owner-operators and investors seeking a stable, high-traffic location. The unrestricted access and ample parking significantly enhance the property's appeal and functionality. This turnkey opportunity is ready for immediate occupancy or customization to suit a variety of restaurant concepts. The combination of a prime location, desirable features, and strong market dynamics makes this a truly exceptional retail investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $405,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $345,000
- Mixed-Use
- $445,000
- Hospitality
- $345,000
- Educational
- $365,000
- Residential Income
- $350,000
- Energy
- $385,000
- Income-Based Land
- $365,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Seville
- County
- Medina
- State
- Ohio
- Longitude
- -81.865
- Latitude
- 41.0351
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA