Property profile

6 Bagley Rd Berea, OH 44017

OFF-MARKET
Retail space
Property ID
US66-6127966
12,894 SF 1.23 ac lot Built 2004
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 12,894 SF
Lot 1.23 ac (53,753 SF)
Zoning code CC
APN 364-05-001
UPID US66-6127966

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
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Pharmacy
  • Pharmacy
  • Bank Credit Union

Location

6 Bagley Rd Berea, OH 44017-2009
Berea metro Census 134300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.90M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2015
3 recorded transactions
2015
$7.3M
2003
$1.1M
1969
Price N/A

Zoning & alternative use

CC · Berea, OH
Zoning description

projects in the following zoning districts: NC, CC, DT, UT and the DD district s . The review of these design standards shall take place in conjunction wit h the site plan review stage, when applicable. (A) T he prescrib…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.3M +169.2%
Office building $2.1M +146.0%
Medical building $1.4M +65.4%

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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