34295 Aurora Rd Solon, OH 44139-3820
- Drive through restaurants
- 4,930 SF
- 0.61 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 34295 Aurora Rd
- Year built
- 1972
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.61 lot acres
- Property size
- 4,930 SF
- Zone code
- C-3
- Property type
- Drive through restaurants
- APN
- 954-29-037
- APU
- 95429037
Description
This exceptional 5,333 square foot freestanding restaurant building presents a unique investment opportunity in Solon, Ohio. Situated on a highly visible 0.61-acre lot at the main entrance to Solon Village on Aurora Road, this property benefits from exceptional visibility and accessibility. The building boasts a strategic location amongst established national retailers including Market District, OfficeMax, and Pet Supplies Plus, ensuring high traffic counts and strong brand recognition. Nearby businesses include a recently constructed Clean Express Auto Wash, Bank of America, Chase Bank, and a new Wendy's, further solidifying the area's commercial vibrancy. The building itself offers 2,987 square feet on the first floor and an additional 2,346 square feet on the second level, providing ample space for a variety of restaurant concepts. Built in 1972 and significantly renovated in 1991, the property is well-maintained and ready for immediate occupancy. The site includes two convenient curb cuts and a prominent streetside monument sign for optimal branding. The potential for a drive-thru adds significant operational flexibility and revenue potential. This prime location in Solon offers unparalleled convenience and accessibility to both local businesses and residents, making it an ideal investment for discerning restaurant operators. The property's strong location and existing infrastructure make it an attractive opportunity for immediate occupancy and long-term success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $560,000
- 6.5%
- $570,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $500,000
- Mixed-Use
- $550,000
- Hospitality
- $555,000
- Educational
- $630,000
- Residential Income
- $655,000
- Energy
- $600,000
- Income-Based Land
- $575,000
- Food Service
- $605,000
Location Insight
- Map
- Local Demand
- City
- Solon
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.434
- Latitude
- 41.3844
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA