Updated Office Space in
For Sale
$249,900
10750 Pearl Rd UNIT E-4 Unit E-4, Cleveland, OH 44136
Fully Updated Office Space
Property Size808 SF
Price / SF$309.28
Days on Market419
Property Features for 10750 Pearl Rd UNIT E-4 Unit E-4
General Information
Standard status
Active
Property type
Creative space, Other office properties, Office Spaces
Size
808 SF
Class
C
Elevators
N/A
Investment Type
Owner User
Building Details
Year Renovated
2023
Buildings
1
Stories
2
Listed By:
Christine Revay
(440) 376-4181
Added: Aug 19, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Albion Place Professional Offices in Strongsville, this fully renovated office condo offers a professional space suitable for a range of businesses. The interior features wood-style laminate flooring and a black-and-white design. The reception area includes space for clients, a custom wood-accented reception desk with a butcher block counter, and a light fixture. The updated kitchenette has two-tone black and white cabinetry, a butcher block countertop, a stainless steel deep sink, and an under-counter refrigerator. The bathroom features a smart mirror and finishes. The condo includes two general-use rooms suitable for private offices, treatment rooms, or collaborative workspace, along with a storage area currently used as a private office space. Situated on Pearl Road, the property offers visibility and access for clients within a maintained office community. The space is suitable for a small business owner, medical, wellness, legal, financial, or creative professionals seeking a turnkey space. The property is located a couple miles from the highway.
Key Highlights
- fully updated in high end finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,995
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,900
$219.9K
Cap Rate 7%
$157,071
$157.1K
Cap Rate 9%
$122,167
$122.2K
Market Conditions
NOI Build-Up for 808 SF
Gross rent
$18.3K $22.68/SF
− Vacancy
−$3.7K −$4.54/SF
EGI
$14.7K $18.14/SF
− OpEx
−$3.7K −$4.54/SF
NOI
$11.0K $13.61/SF
Area
Cleveland, OH
Vacancy
20.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,900
Cap Rate 7%
$157,071
Cap Rate 9%
$122,167
Alternative Uses
Best Use
Office B
$157.1K
$137.4K – $183.3K
NOI $10,995 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$197.2K
$172.5K – $230.0K
NOI $13,802 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 44136, OH
25,890
Population
11,019
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
1,918
Density / Sq Mi
$93,713
Median Household Income
$55,616
Median Earnings
$1,264
Median Rent
$271,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Cleveland, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Creative space - Fully Updated Office Space
Where is this creative space located?
The property is located at 10750 Pearl Rd UNIT E-4 Unit E-4 Cleveland, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: fully updated in high end finishes
