Technical
Financial
Distress signals
Property profile

4805 Turney Rd Garfield Heights, OH 44125

OFF-MARKET
Banks
Property ID
US66-1906459
2,758 SF 0.12 ac lot Built 1926
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, a former PNC Bank branch, presents a unique investment opportunity in Garfield Heights, Ohio. Located at 4805 Turney Road, this 2,758 square foot building sits on a 0.43-acre lot and offers ample parking with approximately 30 spaces. Convenient access is provided via curb cuts from both Russell Avenue and Edgepark Drive, ensuring high visibility and easy accessibility for customers. The asking price is $275,000, translating to a price per square foot of $99.71. The property's streetfront location in the bustling Garfield Heights area offers significant potential for a variety of commercial uses. Annual real estate taxes are approximately $24,000. This well-maintained building is ready for immediate occupancy and presents a compelling opportunity for savvy investors seeking a strong return on investment in a prime location. The property's size and location make it ideal for a variety of businesses, offering a solid foundation for future growth and profitability. The substantial parking area further enhances its appeal to potential tenants or owners. This is a rare opportunity to acquire a well-situated commercial property in a thriving Ohio market. The property's history as a bank branch speaks to its structural integrity and suitability for a range of commercial ventures.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1926
Construction TYPE NOT SPECIFIED
Total area 2,758 SF
Lot 0.12 ac (5,045 SF)
Zoning code U-4
APN 544-06-080
UPID US66-1906459

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
  • Atm

Location

4805 Turney Rd Garfield Heights, OH 44125-2123
Garfield Heights metro Census 154200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Zoning & alternative use

U-4 · Garfield Heights, OH

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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