24800 Rockside RdBedford Heights, OH 44146

  • Retail properties
  • 1,218 SF
For Lease

Property Details for 24800 Rockside Rd

Year built
1966
Construction
TYPE NOT SPECIFIED
Lot size
1.07 AC
Property size (Sq ft)
1,218 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Retail space
APN
791-30-056
APU
79130056

Description

This exceptional freestanding retail building, located at 24800 Rockside Rd in Bedford Heights, Ohio, presents a unique investment opportunity. The property boasts a total of 1,218 square feet of space, currently vacant and ready for immediate occupancy. Situated on a generous 1.06-acre lot, this Class C building offers significant potential for a variety of retail uses. Its single-tenant configuration provides flexibility and control for the new owner or tenant. The property's address in Bedford Heights, Cuyahoga County, places it within a convenient and accessible location for customers. The ample land provides room for expansion or additional development, making it an attractive proposition for long-term growth. The building's size and location make it ideal for a variety of retail businesses seeking a high-visibility presence. This is a rare opportunity to acquire a freestanding retail building in a desirable location with significant development potential. The property is zoned for retail use and is ready for immediate occupancy. All utilities are available at the site. Detailed property information and surveys are available upon request. This property is offered as-is. Don't miss this chance to own a prime retail space in a thriving community. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $322,104
    6.5%
    $297,326
    7%
    $276,089
  • Comparable approach

    Method
    Valuation
    Relative Method
    $287,108
    Geo Method
    $287,108
  • Alternative Use

    Use
    Valuation
    Residential
    $250,806
    Hospitality
    $229,737
    Educational
    $191,138
    Medical
    $197,712
    Retail
    $297,326
24800 Rockside Rd, Bedford Heights, Ohio

Location Insight

City
Bedford Heights
County
Cuyahoga
State
Ohio
Latitude
41.4091
Longitude
-81.5034
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
$7,386
$45,640
$25,410
$71,050
-
$130,400
$72,600
$203,000

FAQs

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