1930 Pearl Rd Brunswick, OH 44212-5801
This exceptional Brunswick, Ohio retail property, located at 1930 Pearl Rd, offers a unique blend of immediate income and significant future growth potential. The 24,215 square foot shopping center currently features six retail spaces, with one space available totaling 2,520 square feet. Built in 2001, the property sits on a sizable 3.5-acre lot, fully improved with existing utilities. Ample parking is provided, with a ratio of 5.58 spaces per 1,000 square feet. The property is situated in Medina County, Ohio, and benefits from its convenient location in the heart of Brunswick (zip code 44212). Importantly, city council has already approved expansion plans, unlocking substantial development opportunities for the savvy investor. This presents a rare chance to acquire a well-established, income-generating asset with the added benefit of significant upside potential through expansion. The property's strong location and approved expansion plans make it an attractive investment for those seeking both immediate returns and long-term growth in a thriving commercial area. This is a turnkey opportunity to capitalize on a prime retail location in a growing market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Brunswick, OHBrunswick. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.