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Property profile & analytics
OFF-MARKET Estimated value $1,900,000
Outlet malls

11111 Memphis Ave Brooklyn, OH 44144-2055

99,490 SF 7.02 ac lot Built 1971
Entity Owned 22-yr Hold Free & Clear
Property ID
US66-6177953
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 99,490 SF
Lot 7.02 ac (305,704 SF)
Zoning code G-I
APN 431-05-006
UPID US66-6177953
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$1.90M
Owner & transaction history
Gateway Park LLC · 22 yrs held
Gateway Park LLC
since 2004
2 recorded transactions
2004
$1.1M
1969
Price N/A
Zoning & alternative use
G-I · Brooklyn, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Limited Industrial (L-I) and the General Industrial (G-I) District. (b) Purpose. The industrial zoning districts, and their regulations, are hereby established to accommodate and encourage the grouping of: (1) Professional, research, and administrative uses; (2) Light industrial uses, which are usually controlled operations, which are relatively clean, quiet…

Zone name General Industrial
General category INDUSTRIAL
Zone area 548.45 ac
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