1710 Pearl RdBrunswick, OH 44212

Property Details for 1710 Pearl Rd

Year built

1969

Lot size

9.01 AC

Property size (Sq ft)

18,724 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Auto shops

APN

003-18C-06-003

APU

00318C06003

Description

This exceptional 18,856-square-foot auto shop in Brunswick, Ohio, presents a remarkable investment opportunity. The property, situated on a 9.01-acre lot at 1710 Pearl Road, boasts a spacious 8,600-square-foot net rentable area, perfectly suited for automotive repair. Built in 1969 and extensively renovated in 2016, the single-story building features a modern two-bay customer drive-in greeting area, ensuring a comfortable experience for clients in all weather conditions. The property includes nine car lifts and offers a generous 16-foot clear height, accommodating a wide range of repair services. Ample parking is provided with over 300 spaces. The high-visibility location along Pearl Road offers over 300 linear feet of frontage, benefiting from over 14,000 cars passing daily. This property is currently vacant and offers a strong potential for growth within a rapidly expanding market. The asking price is $2,200,000. The property's APN is 003-18C-06-003. The building is part of a larger complex, with the option to lease the entire 18,856 square foot building.

• CAP approach

  CAP return

  Valuation

  6%

  $5,226,777

  6.5%

  $4,824,718

  7%

  $4,480,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,413,636

  Geo Method

  $4,413,636

• Alternative Use

  Use

  Valuation

  Residential

  $4,069,830

  Hospitality

  $3,727,942

  Educational

  $3,101,604

  Medical

  $3,208,273

  Retail

  $4,824,718

Location Insight

City

Brunswick

County

Medina

State

Ohio

Latitude

41.2292

Longitude

-81.8435

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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