Property profile

15751 Commerce Park Dr Brook Park, OH 44142

OFF-MARKET
Office buildings
Property ID
US66-6244957
2,872 SF 0.78 ac lot Built 1968
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 10,082-square-foot warehouse that includes 1,300 square feet of cooler space. It is located near a major football dome development in the Cleveland area and is positioned for access to major freeways and downtown Cleveland. The building has been used as a single-tenant facility under a long-term NNN lease arrangement, and the site includes features consistent with maintaining temperature-controlled storage space within the warehouse.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Construction TYPE NOT SPECIFIED
Total area 2,872 SF
Lot 0.78 ac (33,800 SF)
Zoning code U5-C
APN 343-07-155
UPID US66-6244957

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
  • Warehouse & Storage

Location

15751 Commerce Park Dr Brook Park, OH 44142-2018
Brook Park metro Census 138107 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2005
2 recorded transactions
2005
$465,000
2005
Price N/A

Zoning & alternative use

U5-C · Brook Park, OH
Zoning description

U-5C Industrial/Service District. 1121.33 Concentration of regulated use businesses. 1121.34 Conditional use permits. 1121.341 Public hearing on conditional use permit applications. 1121.342 Standards for conditional use…

General category INDUSTRIAL

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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