Property profile

7304 Chippewa Rd Brecksville, OH 44141

OFF-MARKET
Retail space
Property ID
US66-2582945
6,721 SF 0.59 ac lot Built 1962
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction TYPE NOT SPECIFIED
Total area 6,721 SF
Lot 0.59 ac (25,856 SF)
Zoning code L-B
APN 606-28-003
UPID US66-2582945

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
  • Grocery & Convenience Store Specialty Food Shop

Location

7304 Chippewa Rd Brecksville, OH 44141-2304
Brecksville metro Census 135106 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$575k
Blend (final) Blend
$150k

Owner & transaction history

Zoning & alternative use

L-B · Brecksville, OH
Zoning description

To provide Local Business Districts to serve the needs for convenience goods in proximity to the immediate neighborhood, and which do not generate large volumes of traffic

General category COMMERCIAL
Top alternative use upside
Medical building $730,000 +69.5%
Neighborhood: shopping center $680,000 +58.1%
Auto repair, garage $600,000 +38.8%

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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