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    7677 Broadview Rd Seven Hills, OH 44131-5723
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    Property profile & analytics

    7677 Broadview Rd Seven Hills, OH 44131-5723

    View on Map
    • Drive through restaurants
    • 3,279 SF
    • 0.64 lot acres
    Off-Market
    Last Sale May 4, 2025
    $850,000
    Property ID
    US66-5615691
    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.
    Value Estimations
    $835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 7677 Broadview Rd

    Year built
    1977
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.64 lot acres
    Property size
    3,279 SF
    Property type
    Drive through restaurants
    APN
    552-23-094
    APU
    55223094

    Description

    This exceptional ±3,486 square foot freestanding restaurant building presents a remarkable opportunity for lease in the thriving Seven Hills market. Located at 7677 Broadview Rd, in Cuyahoga County, Ohio, this property boasts a highly desirable location within a General Retail Business District. The building, previously occupied by a Burger King, features a fully operational drive-thru, a significant advantage for quick-service restaurants. The 0.75-acre lot provides ample space for customer parking and potential outdoor seating. The building is classified as Class B and is currently vacant, offering immediate occupancy for a new tenant. The property's signalized intersection ensures high visibility and accessibility for customers. The single-tenant occupancy provides a streamlined operational environment. This is an ideal location for a variety of restaurant concepts seeking a strong presence in a busy commercial area. The zoning designation as General Retail Business District allows for a wide range of permitted uses. The property's size and features make it an attractive option for businesses seeking a well-established location with significant potential for growth. This is a rare opportunity to secure a prime restaurant space in a high-traffic area of Seven Hills, Ohio. The zip code is 44131.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $799,000
      Market price range: $200k - $1.06M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $555,000
      Current use
      OFFICE BUILDING
      $825,000
      Change: +49% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seven Hills
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6841
    Latitude
    41.3571
    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
    $23,713
    $162,020
    $113,120
    $275,140
    -
    $462,900
    $323,200
    $786,100

    Comparable in this City

    • Value Estimation
      $1,205,000
      3,723 SF

      7333 Broadview Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,723 SF
      7333 Broadview Rd, Seven Hills, OH 44131-4440
      View Details
    • Value Estimation by Request
      3,290 SF

      6201 Brecksville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,290 SF
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    • Value Estimation by Request
      3,361 SF

      7729 Broadview Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,361 SF
      7729 Broadview Rd, Seven Hills, OH 44131-5724
      View Details
    • Value Estimation by Request
      620 SF

      6484 Brecksville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 620 SF
      6484 Brecksville Rd, Independence, OH 44131-3407
      View Details
    • Value Estimation by Request
      3,864 SF

      6899 Rockside Rd, Unit 6905

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,864 SF
      6899 Rockside Rd, Independence, OH 44131-2325
      View Details
    • Value Estimation by Request
      4,012 SF

      1252 Schaaf Rd

      BAR, TAVERN • 4,012 SF
      1252 Schaaf Rd, Brooklyn Heights, OH 44131-1326
      View Details

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      Retail spaces available in Independence, Ohio near Rockside Road.
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    Seven Hills, OH 44131-5723
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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