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    14867 Beechwood Dr Newbury, OH 44065

    For Sale
    $1,065,000

    Eight Properties, Kiwanis Lake, Updated

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity encompasses eight properties nestled within the desirable Kiwanis Lake Subdivision in Newbury, OH. One of these properties, located at 14867 Beechwood Drive, is a charming home that has undergone a complete renovation. Improvements include a new roof, updated windows, a significant 400+ square foot addition expanding the living space, the addition of three bedrooms and two full bathrooms, fresh flooring throughout, and enhanced landscaping. The electrical panel has also been upgraded to a 200-amp service. The home sits on a 0.07-acre lot. The entire package offers a unique chance to acquire multiple properties in a private community boasting exclusive recreational amenities. Kiwanis Lake Subdivision provides residents with private lake access for swimming and fishing, along with boating facilities. This friendly and secluded community offers a tranquil lifestyle. The properties are served by the highly-regarded West Geauga Schools. Additional parcel numbers, addresses, and a rental roll are available in supplemental documents. Disclosures will be provided upon request. Please note that showings are only permitted after an accepted contract, and tenants should not be disturbed. Another property, 14606 Castlewood, is offered separately (MLS#5080826). This is a rare opportunity to acquire a substantial portfolio of properties in a highly sought-after location.

    Property Features for 14867 Beechwood Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1928
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newbury
    County
    Geauga
    State
    Ohio
    Longitude
    -81.22681
    Latitude
    41.46523

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    FAQs

    What type of property is this?
    Commercial real estate - Eight Properties, Kiwanis Lake, Updated
    Where is this commercial real estate located?
    The property is located at 14867 Beechwood Dr Newbury, OH.
    What is the asking price?
    The asking price for this property is $1,065,000.
    (440) 781-2455
    Request Owner's contact information
    14867 Beechwood Dr Newbury, OH 44065
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    Newbury, OH 44065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14867 Beechwood Dr Newbury, OH 44065
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