22735 Rockside Rd Bedford, OH 44146-1512
- Outlet malls
- 119,569 SF
- 9.13 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 22735 Rockside Rd
- Year built
- 1994
- Lot size
- 9.13 lot acres
- Property size
- 119,569 SF
- Zone code
- B3
- Property type
- Outlet malls
- APN
- 813-04-061
- APU
- 81304061
Description
This exceptional 9.13-acre commercial land parcel presents a remarkable investment opportunity in Bedford, Ohio. Located at 22735 Rockside Rd, within the thriving Meadowbrook Market Square, this fully improved property boasts a General Retail zoning designation, ideal for a wide range of commercial developments. The site benefits from excellent visibility and high traffic counts due to its strategic position at the intersection of Rockside and Northfield Roads. Further enhancing its appeal is the proximity to a newly constructed Honda car dealership on Rockside Road, indicating a robust and expanding commercial landscape. The property's APN is 813-04-061, and its location in Cuyahoga County, Ohio, zip code 44146 (latitude 41.4060984, longitude -81.5257303), offers easy access to major transportation routes and a strong consumer base. This is a rare chance to acquire a significant land holding in a rapidly growing area, poised for substantial future development and return on investment. The asking price for this exceptional property is $1,300,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $675,000
- 7%
- $770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $765,000
- Geo Method
- $665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $705,000
- Retail
- $725,000
- Mixed-Use
- $660,000
- Hospitality
- $630,000
- Educational
- $750,000
- Residential Income
- $605,000
- Energy
- $660,000
- Income-Based Land
- $720,000
- Food Service
- $740,000
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5257
- Latitude
- 41.4065
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA