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Property profile & analytics
FOR SALE
Turn key restaurants

3965 Lee Rd Cleveland, OH 44128

1,696 SF 0.29 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-2487238
Property summary
AI-generated overview

This 1,500 square foot retail property, located at 3965 Lee Road in Cleveland, Ohio, presents a versatile investment opportunity. Currently operating as a restaurant, this space is ideally situated at the corner of Lee and Scottbridge Roads in the 44128 zip code, offering excellent visibility and accessibility. The property's zoning allows for a variety of uses, including a daycare/nursery, quick-service restaurant (QSR), or full-service restaurant. The building's 1,500 square feet provide ample space for a range of businesses. Its prime location within Cuyahoga County ensures high foot traffic and potential for strong returns. The property's existing restaurant setup could be easily adapted to suit a new tenant's needs, or it could be completely renovated to create a new space for a daycare or other retail venture. This adaptable space offers a unique chance to establish a thriving business in a high-demand area. The property's coordinates are 41.45125993217706 latitude and -81.56493608401253 longitude. Serious inquiries are encouraged to explore the potential of this exceptional retail space.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 1,696 SF
Lot 0.29 ac (12,648 SF)
Zoning code LR
APN 140-15-006
UPID US66-2487238
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
Current use
Occupant on record · Public records
  • Gyro George - Lee Rd Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
59lee LLC · 1 yrs held
59lee LLC
since 2024
Last sale
$74,000
3 recorded transactions
2024
Price N/A
2017
$74,000
1969
Price N/A
Zoning & alternative use
LR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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