Property profile

20029 Detroit Rd Rocky River, OH 44116

OFF-MARKET
Retail space
Property ID
US66-1060560
12,432 SF 0.75 ac lot Built 1983
Entity Owned 24-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction WOOD
Total area 12,432 SF
Lot 0.75 ac (32,657 SF)
Zoning code LB
APN 301-24-001
UPID US66-1060560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20029 Detroit Rd Rocky River, OH 44116
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
$749k
Blend (final) Blend
$210k

Owner & transaction history

since 2002
1 recorded transaction
2002
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
Apartment house (5+ units) $920,000 +15.5%

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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