Property profile

8111 Broadview Rd Broadview Heights, OH 44147

OFF-MARKET
Strip malls
Property ID
US66-2513599
6,830 SF 0.39 ac lot Built 1963
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Construction TYPE NOT SPECIFIED
Total area 6,830 SF
Lot 0.39 ac (16,839 SF)
Zoning code C-1
APN 581-27-009
UPID US66-2513599

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
  • Property Management Company

Location

8111 Broadview Rd Broadview Heights, OH 44147-1627
Broadview Heights metro Census 136103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
5 recorded transactions
2016
$662,550
2015
$700,000
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Broadview Heights, OH
Zoning description

The purpose of the C-1 Local Retail Commercial District is to provide for the need to have convenience goods in close proximity to residential neighborhoods. Typically, the permitted uses allowed in such District tend to…

General category COMMERCIAL

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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