34295 Aurora RdSolon, OH 44139

Property Details for 34295 Aurora Rd

Year built

1972

Construction

TYPE NOT SPECIFIED

Lot size

0.61 AC

Property size (Sq ft)

4,930 SF

Zone code

C-3

Property type

Retail properties

Property subtype

Drive through restaurants

APN

954-29-037

APU

95429037

Description

This exceptional 5,333 square foot freestanding restaurant building presents a unique investment opportunity in Solon, Ohio. Situated on a highly visible 0.61-acre lot at the main entrance to Solon Village on Aurora Road, this property benefits from exceptional visibility and accessibility. The building boasts a strategic location amongst established national retailers including Market District, OfficeMax, and Pet Supplies Plus, ensuring high traffic counts and strong brand recognition. Nearby businesses include a recently constructed Clean Express Auto Wash, Bank of America, Chase Bank, and a new Wendy's, further solidifying the area's commercial vibrancy. The building itself offers 2,987 square feet on the first floor and an additional 2,346 square feet on the second level, providing ample space for a variety of restaurant concepts. Built in 1972 and significantly renovated in 1991, the property is well-maintained and ready for immediate occupancy. The site includes two convenient curb cuts and a prominent streetside monument sign for optimal branding. The potential for a drive-thru adds significant operational flexibility and revenue potential. This prime location in Solon offers unparalleled convenience and accessibility to both local businesses and residents, making it an ideal investment for discerning restaurant operators. The property's strong location and existing infrastructure make it an attractive opportunity for immediate occupancy and long-term success.

• CAP approach

  CAP return

  Valuation

  6%

  $1,321,602

  6.5%

  $1,219,940

  7%

  $1,132,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,162,104

  Geo Method

  $1,162,104

• Alternative Use

  Use

  Valuation

  Residential

  $1,029,065

  Hospitality

  $942,618

  Educational

  $784,247

  Medical

  $811,219

  Retail

  $1,219,940

Location Insight

City

Solon

County

Cuyahoga

State

Ohio

Latitude

41.3844

Longitude

-81.434

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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