8085 Broadview RdBroadview Heights, OH 44147

Property Details for 8085 Broadview Rd

Year built

1998

Construction

TYPE NOT SPECIFIED

Lot size

2.26 AC

Property size (Sq ft)

11,226 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

581-23-016

APU

58123016

Description

This exceptional 11,226 square foot retail property, located at 8085 Broadview Road in Broadview Heights, Ohio, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a single tenant or multiple occupants. Situated on a generous 2.59-acre lot, this property boasts excellent visibility and accessibility, making it ideal for a variety of retail businesses. The zoning designation is Local Retail (C1), allowing for a wide range of commercial uses. The property's address is 8085 Broadview Road, Broadview Heights, OH 44147, within Cuyahoga County. Its prime location offers significant potential for attracting a substantial customer base. The expansive space provides ample room for customization and tenant build-out to suit specific business needs. This is a rare opportunity to secure a substantial retail space in a thriving Ohio community. The property's size and location make it an attractive prospect for businesses seeking high visibility and ample space to operate. With its convenient location and ample parking, this property is poised for success. Serious inquiries are encouraged to explore the possibilities this exceptional retail space offers. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $3,111,144

  6.5%

  $2,871,825

  7%

  $2,666,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,646,202

  Geo Method

  $2,646,202

• Alternative Use

  Use

  Valuation

  Residential

  $2,422,492

  Hospitality

  $2,218,989

  Educational

  $1,846,173

  Medical

  $1,909,666

  Retail

  $2,871,825

Location Insight

City

Broadview Heights

County

Cuyahoga

State

Ohio

Latitude

41.3459

Longitude

-81.6838

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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