You are browsing as a guest. Register to access key data for free.
Property profile

2327 Brookpark Rd Parma, OH 44134

OFF-MARKET
Retail space
Property ID
US66-2398230
4,379 SF 0.14 ac lot Built 1955
Entity Owned 11-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional retail property, located at 2327 Brookpark Road in Parma, Ohio, offers a total of 8,566 square feet of commercial space, currently entirely vacant and available for immediate occupancy. The building is situated in Cuyahoga County, with convenient access via Brookpark Road and is easily accessible to a large customer base. The property is ideally suited for a variety of retail uses, offering flexibility for businesses seeking a prominent location. The space is divisible, with a minimum leasable area of 2,555 square feet, allowing for customization to meet individual tenant needs. However, the entire 8,566 square feet is also available for lease or purchase as a single, contiguous unit, providing an opportunity for a larger-scale operation. This presents a unique chance to establish a significant presence in a thriving Parma commercial district. The property's size and layout offer excellent visibility and ample space for retail displays, inventory storage, and customer service areas. The address is 2327 Brookpark Rd, Parma, OH 44134. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is available for sale or lease.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TYPE NOT SPECIFIED
Total area 4,379 SF
Lot 0.14 ac (6,248 SF)
Zoning code CA
APN 445-01-044
UPID US66-2398230

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$160k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

Zoning & alternative use

CA · Parma, OH
Zoning description

Provide sufficient areas for carrying on research, providing commercial services, manufacturing and distributing goods to serve the community, to promote employment and to strengthen the economy of the community

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2327 Brookpark Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message