Property profile

10800 Brookpark Rd Cleveland, OH 44130

OFF-MARKET
Warehouses
Property ID
US66-2770661
111,115 SF 11.6 ac lot Built 1998
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,700 square foot freestanding retail building, constructed in 2014, is located in Cuyahoga County on Brookpark Road, offering excellent visibility and signage opportunities. The property boasts easy access to major highways, I-480 and I-71, ensuring high traffic flow and convenient access for customers and employees. Currently vacant, this single-tenant building presents a unique opportunity for a variety of businesses. Its ideal location is complemented by strong neighboring tenants, including Home Depot, Aldi, Gordon Food Service Store, IHOP, and McDonald's, creating a vibrant and established commercial area. The building's 2014 construction ensures modern amenities and efficient space utilization. Whether you're seeking a prime location for a restaurant or retail store, this property offers significant potential for growth and success. The entire 2,700 square feet is available for lease or sale, providing flexibility for prospective tenants or buyers. This is a rare opportunity to secure a highly visible and well-situated retail space in a thriving commercial corridor. The property's strategic location and proximity to major thoroughfares make it an attractive option for businesses seeking high visibility and accessibility.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 111,115 SF
Lot 11.6 ac (505,239 SF)
Zoning code L-I
APN 433-16-001
UPID US66-2770661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility
  • (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Rental Equipment Company
  • Building Supply Hardware & Home Improvement
  • Garden Center

Location

10800 Brookpark Rd Cleveland, OH 44130-1119
Cleveland metro Census 137101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.83M
Comparable Approach Comparable
$6.24M
Blend (final) Blend
$6.74M

Owner & transaction history

since 2008
7 recorded transactions
2018
Price N/A
2008
$12.3M
2006
Price N/A
2003
$635,000
1999
$1.7M
1997
$4.5M
1969
Price N/A

Zoning & alternative use

L-I · Cleveland, OH
Top alternative use upside
Auto repair, garage $9.9M +73.7%
Commercial (general) $9.2M +61.8%
Apartment house (5+ units) $8.2M +44.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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