Property profile

19565 Detroit Rd Rocky River, OH 44116

OFF-MARKET
Strip malls
Property ID
US66-2341248
10,600 SF 1.01 ac lot Built 1996
Entity Owned 28-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 10,600 SF
Lot 1.01 ac (44,213 SF)
Zoning code LB
APN 301-22-055
UPID US66-2341248

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
  • Take-out & Catering
  • Hair Salon
  • Restaurant
  • (Bike/Boat/Book/etc) Store Pet Store
  • Take-out & Catering

Location

19565 Detroit Rd Rocky River, OH 44116-1849
Rocky River metro Census 181203 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$325k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

LB · Rocky River, OH
Zoning description

District is to accommodate retail and service uses that typically serve a limited neighborhood area, or other retail uses that serve a more general market area but can successfully operate within a neighborhood district

General category COMMERCIAL
Top alternative use upside
Medical building $1.2M +7.3%

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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