50 Brg St Berea, OH 44017-1510
Property Lookup
Property profile & analytics
50 Brg St Berea, OH 44017-1510
- Strip malls
- 53,553 SF
- 1.67 lot acres
Property ID
US66-0064895
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Giant Eagle Supermarket / Grocery & Convenience Store / Food Market
- Huntington Mortgage Group / Loan Service / Bank
- Kira Pilat / Department Store
- April Heidenhoffer, PharmD / Pharmacy
- Huntington Insurance / Insurance Agency
Property Details for 50 Brg St
- Year built
- 1995
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.67 lot acres
- Property size
- 53,553 SF
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 364-08-004
- APU
- 36408004
Description
This exceptional retail opportunity presents itself at Parkway Shoppes, located at 50 W Bridge St, Berea, Ohio 44017, in Cuyahoga County. The property offers a total of 74,257 square feet of commercial space, currently featuring two suites. There are 2,441 square feet of vacant space immediately available, divisible into units ranging from a minimum of 1,084 square feet to a maximum contiguous space of 1,357 square feet. This prime location in Berea offers excellent visibility and accessibility for businesses seeking a thriving retail environment. The property's multiple tenancy structure provides a diverse and dynamic atmosphere, attracting a wide range of customers. The building is well-maintained and ready for immediate occupancy. This is an ideal opportunity for businesses looking to establish or expand their presence in a vibrant and growing community. The property is classified as retail commercial space and is situated in a convenient location within Berea, Ohio, offering easy access for both customers and employees. Serious inquiries are encouraged to explore this promising retail investment. Contact us today to schedule a viewing and discuss your business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,765,000
- 6.5%
- $9,015,000
- 7%
- $8,370,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,106,000
Market price range: $2.92M - $11.0M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $5,675,000 Current use
- RESTAURANT
- $9,560,000 Change: +68% Conversion: Difficult
- OFFICE BUILDING
- $8,735,000 Change: +54% Conversion: Moderate
- MEDICAL BUILDING
- $5,870,000 Change: +3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,005,000 Change: -12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $4,870,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Berea
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8558
- Latitude
- 41.3675
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$121,419
$254,100
$1,048,290
$1,302,390
-
$726,000
$2,995,100
$3,721,100
