8747 Brecksville Rd Brecksville, OH 44141-1919
Property profile & analytics
8747 Brecksville Rd Brecksville, OH 44141-1919
- Banks
- 11,016 SF
- 1.35 lot acres
Property ID
US66-0437825
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.
Location Intelligence
Current Use by Public Records
- Banks
Property Details for 8747 Brecksville Rd
- Year built
- 1962
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.35 lot acres
- Property size
- 11,016 SF
- Zone code
- R-20
- Property type
- Banks
- APN
- 601-36-005
- APU
- 60136005
Description
This exceptional mixed-use investment property, located at 8747 Brecksville Rd in Brecksville, Ohio (44141), presents a compelling opportunity for discerning investors. The 10,603 square foot building, constructed in 1962 and renovated in 2004, sits on a 1.35-acre lot and boasts a strong 100% occupancy rate. Currently housing four tenants – Westfield Bank, Brecksville Dermatology, Platelet Disorder Support Association, and Home Instead – this multi-tenant building offers excellent diversification and stability. The property's strong financial performance is reflected in its impressive 7.75% capitalization rate and a Net Operating Income (NOI) of $249,021, with an asking price of $3,213,174 ($303.04 per square foot). The building is a two-story structure, categorized as mixed-use, encompassing office and retail spaces. Its prime downtown Brecksville location, coupled with a robust demographic profile and high household income ($170,000), ensures consistent demand and long-term value. This is a turnkey investment opportunity with excellent building condition and anchor tenant stability, making it an ideal addition to any portfolio. The property is situated in Cuyahoga County.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,625,000
- ML approach
- $1,765,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,659,000
Market price range: $849k - $4.75M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $2,270,000 Current use
- RESTAURANT
- $1,860,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brecksville
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6262
- Latitude
- 41.3242
- 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
$51,410
$164,960
$456,300
$621,260
-
$471,300
$1,303,700
$1,775,000
