11699 Brookpark Rd - Office FOR SALE


Parma, OH 44130
$3,250,000 USD
216-213-6201
11699 Brookpark Rd, Parma, OH for Sale
$3,250,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

11699 Brookpark Rd
Parma, OH 44130


OVERVIEW

Prime Redevelopment Opportunity: 11699 Brookpark Rd., Parma, OH Positioned at the corner of Brookpark Rd. and Chevrolet Blvd., this 2.7-acre property with a 36,000-square-foot building and 160 parking spaces offers unparalleled potential for redevelopment. Its location, accessibility, and size make it a developer’s dream. Key Highlights: Proximity to the Proposed New Cleveland Browns Stadium: Just 3.5 miles away, this location is primed for growth as the stadium is expected to attract significant traffic and development to the area. Strategic Location: Situated near major highways, including I-480 and I-71, providing seamless access to Cleveland Hopkins Airport and the surrounding metro area. Corner Property: High-visibility location with significant traffic counts, perfect for businesses that benefit from high exposure. Ample Parking and Space: With 160 parking spaces, 2.7 acres of land, and a 36,000-square-foot building, the property is ideal for redevelopment into a hotel, retail complex, or other high-traffic commercial ventures. Capitalize on this unique opportunity to leverage the anticipated surge in demand from the stadium project and the broader economic growth of the region.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

225

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

Commercial Mfg. B

APN/PARCEL ID

442-33-003

ASK ABOUT THIS PROPERTY

John PuskarWorkHub99More Info
216-213-6201

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John PuskarWorkHub99More Info
216-213-6201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.