4740 RIDGE RD

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4740 RIDGE RD

brooklyn, OH 44144-3327
Asking Price
$2.37M
Asset Type
Retail
Class
Class B

What's Special

4740 Ridge Road is situated in a high-traffic commercial corridor in Brooklyn, Ohio, approximately six miles south of downtown Cleveland. The property is positioned within a dense suburban neighborhood characterized by a mix of established residential pockets and established retail centers. Notable nearby amenities include the Ridge Park Square shopping complex and a variety of quick-service dining options. The location benefits from proximity to State Route 176 and Interstate 480, providing regional connectivity for commuters and logistics. Surface parking and public transit stops along Ridge Road ensure consistent accessibility for local visitors. This retail asset is suited for businesses seeking high visibility and frequent consumer foot traffic. Ideal use cases include boutique storefronts, service-oriented businesses, or satellite professional offices. The property’s layout and location attract a diverse tenant profile ranging from independent local retailers to regional service providers such as insurance agencies, beauty salons, or specialty medical clinics. Given the surrounding demographic density, the site is positioned to serve a stable base of local residents who prioritize convenient, neighborhood-based shopping and services.

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NOI
$80,000
Cap Rate
3.38%
DSCR
0.57
Underwater
Cash-on-Cash
-8.54%
Monthly Payment
$11,725.467
Annual Cash Flow
$-60,705.603

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