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Property profile & analytics
FOR SALE
Retail space

249 North Rocky River Dr Berea, OH 44017

3,108 SF 0.36 ac lot Built 1966
Individually Owned Absentee Owner Free & Clear
Property ID
US66-1389921
Property summary
AI-generated overview

This exceptional 0.83-acre commercial land parcel is strategically located at 249 N Rocky River Drive in Berea, Ohio, 44017, within Cuyahoga County. The property boasts a prime location, caddy-corner to a CVS, and benefits from exceptionally high traffic counts. Ohio Department of Transportation data reveals 25,209 vehicles per day (VPD) on Bagley Road and 15,725 VPD on Rocky River Drive, ensuring significant visibility and accessibility for any development. The lot dimensions measure approximately 199 feet by 219 feet. It's zoned as Commercial Center District, allowing for a wide range of commercial uses. The area is densely populated, with a daytime population of 56,274 people within a 3-mile radius. Surrounding businesses include a diverse mix of established retailers and restaurants, such as Giant Eagle, Marcs, Pet Valu, Dollar Tree, AutoZone, Dollar General, McDonald's, and Arby's, creating a vibrant and thriving commercial environment. This property presents a unique opportunity for investors and developers seeking a high-visibility location with excellent access and strong surrounding demographics. The asking price for this exceptional site is $475,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction WOOD
Total area 3,108 SF
Lot 0.36 ac (15,587 SF)
Zoning code G
APN 364-02-002
UPID US66-1389921
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ROBERT M COURY
ROBERT M COURY
Zoning & alternative use
G · Berea, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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