4666 Turney RdGarfield Heights, OH 44125

Property Details for 4666 Turney Rd

Year built

1972

Construction

TYPE NOT SPECIFIED

Lot size

0.28 AC

Property size (Sq ft)

2,745 SF

Zone code

U-4

Property type

Turn key restaurants

APN

541-11-016

APU

54111016

Description

This exceptional 2,680 square foot retail property, formerly a Pizza Hut, presents a unique investment opportunity in Garfield Heights, Ohio. Located at 4666 Turney Rd, this corner lot boasts 0.2 acres of land and provides excellent street visibility and accessibility. The property includes 16 parking spaces, a significant advantage for customers and employees. The building's prominent location offers great signage opportunities, including a pylon sign, ensuring maximum brand exposure. This is an ideal location for a variety of retail businesses, benefiting from a substantial residential population within a 3-mile radius, as well as a strong daytime population in the immediate vicinity. The property's size and features make it suitable for a range of uses, offering significant potential for growth and return on investment. The building is situated in Cuyahoga County, Ohio, with the zip code 44125. Its convenient location and ample parking make it an attractive option for businesses seeking a high-traffic area with strong community presence. The property is available for sale and offers a compelling opportunity for entrepreneurs and investors alike. The building's previous use as a well-known restaurant provides a solid foundation for future success. This is a rare opportunity to acquire a well-positioned retail space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $725,923

  6.5%

  $670,083

  7%

  $622,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $647,054

  Geo Method

  $647,054

• Alternative Use

  Use

  Valuation

  Residential

  $565,240

  Hospitality

  $517,757

  Educational

  $430,768

  Medical

  $445,582

  Retail

  $670,083

Location Insight

City

Garfield Heights

County

Cuyahoga

State

Ohio

Latitude

41.4327

Longitude

-81.618

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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