8111 Day Dr, Parma, OH 44129
- Turn key restaurants
- 5,771 SF
- 0.74 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 8111 Day Dr
- Year built
- 1979
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.74 lot acres
- Zone code
- CB
- Property type
- Turn key restaurants
- APN
- 449-26-004
- APU
- 44926004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 5, 2017 | — | Lone Palm Properties Ltd | — | Deed · related | $250k · Buckeye Cmnty Bk |
| May 22, 2003 | $625,000 | Lone Palm Properties Ltd | Salzberg,deborah Tr | Grant Deed | $500k · Key Bank NA |
| — | — | Lone Palm Properties Ltd | — | Deed Of Trust · related | $500k · Firstmerit Bank NA |
| — | — | Lone Palm Properties Ltd | — | Deed Of Trust · related | $250k · Buckeye Cmnty Bk |
| — | — | Lone Palm Properties Ltd | — | Deed Of Trust · related | $250k · Buckeye Cmnty Bk |
Description
This exceptional 0.75-acre outparcel in Parma, Ohio, presents a unique opportunity for retail development. Located at 8111 Day Drive, this property offers up to 5,000 square feet of build-to-suit space directly in front of a thriving Giant Eagle grocery store. The site's strategic location ensures high visibility and accessibility, benefiting from a traffic signal directly connected to the Giant Eagle. Currently operating as a Denny's restaurant, this parcel is zoned as a Shopping Center District, allowing for a diverse range of uses including banks, restaurants (including drive-thrus), retail establishments, and automotive businesses. The surrounding area boasts a strong demographic profile, with over 100,000 residents within a 3-mile radius and average household incomes exceeding $70,000. This presents a compelling investment opportunity for developers seeking a high-traffic location with significant growth potential. The property is available for ground lease or build-to-suit arrangements, offering flexibility to tailor the development to specific needs. This is an ideal location for businesses seeking to capitalize on a densely populated area with high consumer spending. The existing infrastructure and zoning regulations simplify the development process, making this a truly attractive proposition for discerning investors and developers.
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Location Insight
- Map
- Local Demand
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7406
- Latitude
- 41.3801
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
