Property profile

9200 Broadview Rd Broadview Heights, OH 44147

OFF-MARKET
Banks
Property ID
US66-1514517
3,037 SF 8.58 ac lot Built 1996
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Broadview Commons offers a unique retail investment opportunity in Cuyahoga County. This established center comprises four single-story buildings totaling 8.633 acres of land, built in 1996 and classified as Class B. Currently, one retail space is available, measuring 2,078 square feet. This space, designated Suite B-20, features a large showroom ideal for retail display and a convenient warehouse area for storage. The property boasts excellent visibility and high traffic counts, averaging approximately 12,476 vehicles daily. Its strategic location provides easy highway access, situated 1.9 miles from I-77 and 6 miles from the I-71 interchange. The zoning is designated as Special Planning/District Zone A (SPDA). Common area maintenance (CAM) charges are $4.90 per square foot. This property presents a compelling opportunity for businesses seeking a well-located retail space with ample storage in a high-traffic area. The property's size and configuration offer flexibility for a variety of retail uses. The existing infrastructure and established location provide a solid foundation for immediate occupancy and business operations.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 3,037 SF
Lot 8.58 ac (373,852 SF)
Zoning code C-4
APN 583-03-001
UPID US66-1514517

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9200 Broadview Rd Broadview Heights, OH 44147-2517
Broadview Heights metro Census 136104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2004
7 recorded transactions
2008
Price N/A
2004
Price N/A
2002
$3.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-4 · Broadview Heights, OH
Zoning description

4: DISTRICTS GENERALLY AND ZONE MAP CHAPTER 1266: CLASSIFICATION OF USES CHAPTER 1268: CLASS A DISTRICTS CHAPTER 1272: CLASS B-3 DISTRICTS CHAPTER 1275: CLASS B-5 DISTRICTS CHAPTER 1276: BUSINESS DISTRICTS CHAPTER 1277:…

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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