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Property profile & analytics
OFF-MARKET Estimated value $675,000
Drive through restaurants

22801 Emery Rd Cleveland, OH 44128-4625

4,547 SF 1.09 ac lot Built 1979
Individually Owned Absentee Owner Free & Clear
Property ID
US66-2574777
Property summary
AI-generated overview

This exceptional 4,547-square-foot freestanding quick-service restaurant (QSR) building presents a unique investment opportunity in Warrensville Heights, Ohio. Situated on a 1.087-acre lot, the property boasts a highly desirable U-7 zoning designation within the Planned Commercial Development District. This versatile zoning allows for a wide range of uses, including hotels, medical facilities, office spaces, banks, retail establishments, and service businesses, providing significant flexibility for future development or expansion. The building's strategic location on Emery Road benefits from high visibility and significant traffic volume, with over 19,000 vehicles passing daily. The surrounding area demonstrates strong demographics, with over 92,000 households and more than 116,000 daytime employees within a five-mile radius. Its proximity to major attractions like Jack Thistledown Racino and an Amazon Fulfillment Center further enhances its appeal and potential for high foot traffic and customer base. The property's APN is 761-22-033. This turnkey QSR property offers immediate occupancy and significant upside potential for a savvy investor seeking a prime location in a thriving commercial area. The property is available for sale.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1979
Total area 4,547 SF
Lot 1.09 ac (47,345 SF)
Zoning code U-7
APN 761-22-033
UPID US66-2574777
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MrLanum Burger Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$621k
Blend (final) Blend
$675k
Owner & transaction history
JOSHUA GREENE FOREVER YOUNG ENTERPR
JOSHUA GREENE FOREVER YOUNG ENTERPR
Zoning & alternative use
U-7 · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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