10211 Brookpark RdParma, OH 44130

  • Retail properties
  • 12,162 SF
For Lease
$13/SF/YR View listing

Property Details for 10211 Brookpark Rd

Year built
1960
Construction
TYPE NOT SPECIFIED
Lot size
1.20 AC
Property size (Sq ft)
12,162 SF
Zone code
RB
Property type
Retail properties
Property subtype
Retail space
APN
442-01-004
APU
44201004

Description

This exceptional retail space, totaling 964 square feet, is situated within the well-established Big Creek Plaza in Parma, Ohio. Located at 10211-10239 Brookpark Road, this single-tenant suite benefits from a prime location directly across from Sam's Club and Walmart, ensuring high visibility and foot traffic. The property is part of a larger multi-retail strip center, offering excellent synergy with neighboring businesses. The suite itself is a "vanilla box" layout, featuring an open front showroom ideal for showcasing products or services, a separate open back storage room for inventory, and a private restroom for employee and customer convenience. Rear parking and access are readily available for both staff and customers. The space boasts 3-phase 300 AMP electrical service (two separate boxes: 200 AMP and 100 AMP), with utilities metered separately. Previously occupied by Boost Mobile, this space presents a fantastic opportunity for a variety of local or national retail tenants. The net fee charge is $6.11 per square foot. The entire Big Creek Plaza encompasses 12,162 square feet on a 1.19-acre lot, with 65 total parking spaces available. Built in 1960, the property is zoned for Retail Business in Cuyahoga County, Ohio, and has a zip code of 44130. This is a rare opportunity to secure a highly visible retail space in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,216,276
    6.5%
    $2,968,870
    7%
    $2,756,808
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,866,836
    Geo Method
    $2,866,836
  • Alternative Use

    Use
    Valuation
    Residential
    $2,504,353
    Hospitality
    $2,293,974
    Educational
    $1,908,559
    Medical
    $1,974,198
    Retail
    $2,968,870
10211 Brookpark Rd, Parma, Ohio

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.4181
Longitude
-81.7562
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
$19,954
$109,380
$126,140
$235,520
-
$312,500
$360,400
$672,900

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