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    Property profile & analytics
    OFF-MARKET Estimated value $510,000
    Warehouses

    328 Bassett Rd, Bay Village, OH 44140-1203

    5,993 SF 0.5 ac lot Built 1910
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-2166717
    Property summary
    AI-generated overview

    This exceptional 5,993-square-foot freestanding retail building presents a fantastic owner-user opportunity in the desirable Bay Village, Ohio market. Located at 328 Bassett Road, this single-tenant property offers ample space for a variety of retail businesses. The building's convenient location in Cuyahoga County, with a 44140 zip code, ensures high visibility and accessibility for customers. The property's size and layout provide flexibility for customization to suit specific business needs. A key advantage is the inclusion of a walk-up apartment situated on the second floor, offering additional potential for residential income or employee housing. This unique feature adds significant value and versatility to the property. The building is well-maintained and ready for immediate occupancy, making it an ideal choice for businesses seeking a move-in ready space. This is a rare opportunity to acquire a substantial retail property in a thriving community with a strong local economy. The property's strategic location and versatile design make it an attractive investment for both established businesses and entrepreneurs looking to expand their operations. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is situated at 41.49071403407124 latitude and -81.94982220809462 longitude.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1910
    Construction WOOD
    Total area 5,993 SF
    Lot 0.5 ac (21,780 SF)
    APN 201-08-042
    UPID US66-2166717
    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
    AI Approach AI
    $480k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $518k
    Blend (final) Blend
    $510k
    Owner & transaction history
    Dkr Bay Village Holdings LLC · 1 yrs held
    Dkr Bay Village Holdings LLC
    since 2025
    Last sale
    $505,000
    5 recorded transactions
    2025
    2022
    $505,000
    2017
    $350,000
    2002
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $655,000 +111.3%
    Neighborhood: shopping center $635,000 +104.3%
    Commercial (general) $560,000 +80.2%
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