15684 Broadway Ave Maple Heights, OH 44137
- Warehouses
- 101,675 SF
- 7.21 lot acres
Current Use by Public Records
- Warehouses
Property Details for 15684 Broadway Ave
- Year built
- 1948
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 7.21 lot acres
- Property size
- 101,675 SF
- Zone code
- GC
- Property type
- Warehouses
- APN
- 784-06-001
- APU
- 78406001
Description
This exceptional 102,765 square foot shopping center presents a prime retail opportunity in Cuyahoga County. Strategically located at the signalized intersection of Broadway Avenue and Libby Road, this property boasts high visibility and accessibility. The center currently offers 10 available spaces, ranging from a minimum of 720 square feet to a maximum contiguous space of 21,357 square feet, providing flexibility for various retail concepts. A significant 41,382 square feet is currently vacant, presenting a unique chance to establish a presence in a thriving retail environment. The center serves a densely populated neighborhood and benefits from its proximity to key community institutions, including city hall, a library, and a high school. Convenient access to I-480 further enhances its appeal. Strong anchors, Save A Lot and Dollar General, attract substantial foot traffic and contribute to the center's overall success. This is an ideal location for businesses seeking high visibility and a strong customer base in a well-established community. The property's size and layout offer significant potential for growth and expansion. This is a rare opportunity to secure retail space in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,325,000
- 6.5%
- $1,275,000
- 7%
- $1,255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,405,000
- Geo Method
- $1,150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,285,000
- Retail
- $1,385,000
- Mixed-Use
- $1,105,000
- Hospitality
- $1,320,000
- Educational
- $1,425,000
- Residential Income
- $1,310,000
- Energy
- $1,340,000
- Income-Based Land
- $1,270,000
- Food Service
- $1,265,000
Location Insight
- Map
- Local Demand
- City
- Maple Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5716
- Latitude
- 41.4157
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
