Property profile

1647 Wright Ave Rocky River, OH 44116

OFF-MARKET
Retail space
Property ID
US66-0128803
5,831 SF 0.53 ac lot Built 1960
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 5,831 SF
Lot 0.53 ac (23,142 SF)
Zoning code GB
APN 301-20-037
UPID US66-0128803

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
  • Factory Industrial Manufacturer

Location

1647 Wright Ave Rocky River, OH 44116-1909
Rocky River metro Census 181203 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2004
7 recorded transactions
2017
Price N/A
2004
$400,000
2001
Price N/A
2001
$150,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Rocky River, OH
Zoning description

District is to accommodate a broad range of commercial services and activities in locations adequately served by major streets and other facilities and to provide a wide range of goods and services to a large consumer po…

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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