16099 Brookpark Rd Brook Park, OH 44142-1623
- Drive through restaurants
- 1,242 SF
- 0.26 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 16099 Brookpark Rd
- Year built
- 1965
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.26 lot acres
- Property size
- 1,242 SF
- Zone code
- U7-B
- Property type
- Drive through restaurants
- APN
- 343-10-020
- APU
- 34310020
Description
This exceptional restaurant opportunity is located at 16099 Brookpark Rd, Brook Park, Ohio, 44142. The property boasts 1,242 square feet of space situated on a 0.26-acre lot. Its prime corner location at Brookpark Road and West 161st Street offers excellent visibility and accessibility. The asking price is $325,000. This retail space is ideally suited for a variety of restaurant concepts, benefiting from its high-traffic location and proximity to major transportation arteries. The property enjoys convenient access to I-480 and I-71, ensuring easy commutes for both staff and customers. Furthermore, its close proximity to Cleveland Hopkins International Airport presents a unique advantage, potentially attracting a significant customer base from travelers and airport employees. This turnkey opportunity is ready for a new owner to establish or expand their culinary business. The property's size and location make it an attractive investment for those seeking a thriving restaurant venture in a bustling area. Serious inquiries are encouraged to explore this promising commercial real estate offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $160,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $145,000
- Retail
- $155,000
- Mixed-Use
- $190,000
- Hospitality
- $180,000
- Educational
- $155,000
- Residential Income
- $175,000
- Energy
- $185,000
- Income-Based Land
- $165,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Brook Park
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8107
- Latitude
- 41.4183
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA