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11699 Brookpark Rd 36,600 SF 51% Leased Office Building Parma, OH 44130 $3,250,000 ($88.80/SF)

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
36,600 SF
Building Class
B
Year Built
1955
Price
$3,250,000
Price Per SF
$88.80
Percent Leased
51%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
36,600 SF
Building FAR
0.31
Lot Size
2.70 AC
Zoning
Commercial Mfg. B - Very broad zoning, Commercial Manufacturing B
Parking
225 Spaces (6.15 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 1000
  • 1,800 SF
  • Office
  • Full Build-Out
  • Now

Near front lobby entrance. Facility has enclosed fenced in parking.

  • 1st Fl-Ste 200
  • 1,200 SF
  • Office/Retail
  • Full Build-Out
  • Now
  • 1st Fl-Ste Main/Anchor
  • 15,000 SF
  • Office/Retail
  • Full Build-Out
  • Now

Near front lobby entrance. Facility has enclosed fenced in parking.

Space Size Space Use Condition Available
1st Fl-Ste 1000 1,800 SF Office Full Build-Out Now
1st Fl-Ste 200 1,200 SF Office/Retail Full Build-Out Now
1st Fl-Ste Main/Anchor 15,000 SF Office/Retail Full Build-Out Now

1st Fl-Ste 1000

Size
1,800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 200

Size
1,200 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste Main/Anchor

Size
15,000 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste 1000

Size 1,800 SF
Space Use Office
Condition Full Build-Out
Available Now

Near front lobby entrance. Facility has enclosed fenced in parking.

1st Fl-Ste Main/Anchor

Size 15,000 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Near front lobby entrance. Facility has enclosed fenced in parking.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
442-33-003
Land Assessment
$95,060
Improvements Assessment
$396,235
Total Assessment
$491,295
  • Listing ID: 34006256

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 11699 Brookpark Rd, Parma, OH 44130

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