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4175 Rocky River Dr
Cleveland, OH 44135
Asking Price
$1.10M
Asset Type
Retail
Class
Class B
What's Special
23,227 SF on 1.7 AC of land for sale at $1,100,000 <ul><li>Ideal for redevelopment or owner-user investment</li><li>17,422 SF total on a combined 1.36 AC at a signalized intersection</li><li>Three structures: a commercial building with 2-bedroom and 3-bedroom apartments, two single-family homes, a small retail salon, and 6-car garage. Potential to be sold separately</li><li>Prime location surrounded by a dense, established residential base with strong traffic counts of 16,940 VPD</li><li>8 Minutes drive time to new Cleveland Browns Stadium<
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
