10260 Brookpark RdCleveland, OH 44130

  • Retail properties
  • 3,236 SF
For Lease

Property Details for 10260 Brookpark Rd

Year built
1994
Construction
TYPE NOT SPECIFIED
Lot size
0.79 AC
Property size (Sq ft)
3,236 SF
Zone code
G-B
Property type
Retail properties
Property subtype
Drive through restaurants
APN
433-17-003
APU
43317003

Description

This exceptional 0.79-acre parcel presents a prime opportunity for a quick-service restaurant (QSR) in Cleveland, Ohio. Situated in the bustling Brooklyn Trade Area, this single-tenant outparcel enjoys a high-profile location adjacent to a Sam's Club, ensuring significant visibility and accessibility. The property benefits from its proximity to the heavily trafficked intersection of Brookpark Road and Tiedeman Road, guaranteeing substantial daily traffic exposure. The site is zoned GB General Business, making it ideally suited for a variety of QSR concepts. Furthermore, its strategic location places it within close proximity to a wealth of major retailers, including Menard's, Home Depot, Walmart, Aldi, Best Buy, Starbucks, Chipotle, and McDonald's, creating a dense concentration of consumer traffic and enhancing the potential for strong sales. This ground lease opportunity offers an excellent chance to establish a thriving QSR business in a highly desirable and well-established commercial area of Cuyahoga County, with the address being 10260 Brookpark Rd, Cleveland, OH 44130. The property's location offers significant advantages for attracting customers and building a successful business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $855,770
    6.5%
    $789,941
    7%
    $733,517
  • Comparable approach

    Method
    Valuation
    Relative Method
    $762,792
    Geo Method
    $762,792
  • Alternative Use

    Use
    Valuation
    Residential
    $666,345
    Hospitality
    $610,368
    Educational
    $507,819
    Medical
    $525,284
    Retail
    $789,941
10260 Brookpark Rd, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4189
Longitude
-81.7568
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
$27,203
$144,240
$172,940
$317,180
-
$412,100
$494,100
$906,200

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