Property profile

294 Rocky Riv Dr Berea, OH 44017

OFF-MARKET
Turn key restaurants
Property ID
US66-1426295
2,165 SF 0.25 ac lot Built 1934
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1934
Construction WOOD
Total area 2,165 SF
Lot 0.25 ac (10,890 SF)
Zoning code CC
APN 362-08-060
UPID US66-1426295

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

294 Rocky Riv Dr Berea, OH 44017-1649
Berea metro Census 134204 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2014
5 recorded transactions
2020
Price N/A
2017
Price N/A
2014
$300,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Berea, OH
Zoning description

projects in the following zoning districts: NC, CC, DT, UT and the DD district s . The review of these design standards shall take place in conjunction wit h the site plan review stage, when applicable. (A) T he prescrib…

General category COMMERCIAL

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
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