9200 Broadview RdCleveland, OH 44147

Property Details for 9200 Broadview Rd

Year built

1996

Construction

TYPE NOT SPECIFIED

Lot size

8.58 AC

Property size (Sq ft)

3,037 SF

Zone code

C-4

Property type

Retail properties

Property subtype

Banks

APN

583-03-001

APU

58303001

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $849,025

  6.5%

  $783,715

  7%

  $727,736

• Comparable approach

  Method

  Valuation

  Relative Method

  $715,884

  Geo Method

  $715,884

• Alternative Use

  Use

  Valuation

  Residential

  $661,093

  Hospitality

  $605,558

  Educational

  $503,817

  Medical

  $521,144

  Retail

  $783,715

Location Insight

City

Broadview Heights

County

Cuyahoga

State

Ohio

Latitude

41.3159

Longitude

-81.6859

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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