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Property profile & analytics
OFF-MARKET
Parking lots & garages

2323 Broadview Rd Cleveland, OH 44109-4177

0.14 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-3813874
Property summary
AI-generated overview

This exceptional freestanding retail property, formerly a Rite Aid, presents a unique investment opportunity in Cleveland, Ohio. Located at 2323 Broadview Rd, in the 44109 zip code, this single-tenant building boasts a substantial 14,308 square feet of vacant space, ready for immediate occupancy. The property sits on a generous 1.51-acre lot, providing ample space for parking and potential expansion. The building's previous use as a pharmacy/drug store suggests a strong potential for similar businesses or adaptable retail ventures. The zoning designation is Limited Retail Business, offering flexibility within the permitted uses. Situated in Cuyahoga County, this location benefits from excellent visibility and accessibility, making it an ideal spot for a variety of retail operations. The entire 14,308 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This property represents a rare opportunity to acquire a well-located, sizable retail building in a thriving area of Cleveland. The substantial lot size and convenient location make this an attractive option for businesses seeking high visibility and ample space. Interested parties are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.14 ac (5,906 SF)
Zoning code LR
APN 014-19-020
UPID US66-3813874
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
  • Cardtronics ATM Atm
  • Rite Aid Pharmacy Pharmacy
  • higi Physician
  • Despina Nemeth Pharmacy
  • Ronald Garba Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Broadview Commercial Group LLC · 2 yrs held
Broadview Commercial Group LLC
since 2024
2 recorded transactions
2024
$660,000
2000
Price N/A
Zoning & alternative use
LR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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