Property profile

11654 Pearl Rd Strongsville, OH 44136

OFF-MARKET
Office buildings
Property ID
US66-2542982
2,340 SF 0.75 ac lot Built 1977
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,300 square foot freestanding retail building presents a unique investment opportunity in the thriving city of Strongsville, Ohio. Strategically located on a signalized intersection of busy Pearl Road (US Route 42), this property boasts unparalleled visibility and accessibility for potential tenants. Its convenient drive-thru feature caters to the modern consumer's demand for quick and easy service. The building's location is further enhanced by its proximity to a bustling office park, ensuring a consistent flow of potential customers throughout the day. Ample on-site parking is available, providing convenient access for patrons. The single-tenancy structure offers a streamlined operational setup, minimizing management complexities. This property is situated in Cuyahoga County, a region known for its strong economic activity and robust retail market. The high traffic count on Pearl Road guarantees significant exposure, making this an ideal location for a variety of retail businesses seeking a prominent presence in a desirable area. The combination of a prime location, convenient drive-thru access, ample parking, and proximity to an office park makes this freestanding retail space a truly exceptional investment opportunity. This property is ready for immediate occupancy and presents a rare chance to establish a thriving business in a high-demand location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 2,340 SF
Lot 0.75 ac (32,526 SF)
Zoning code GB
APN 392-26-002
UPID US66-2542982

Cap rate & NOI

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

Location

11654 Pearl Rd Strongsville, OH 44136-3320
Strongsville metro Census 186103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2024
Last sale
$900,000
4 recorded transactions
2024
$900,000
2018
Price N/A
2018
$276,200
1969
Price N/A

Zoning & alternative use

GB · Strongsville, OH
Zoning description

Buildings and land shall be used, and buildings shall be designed, erected, altered, moved or maintained in whole or in part, in General Business Districts

General category COMMERCIAL

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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