Updated Office Space in
10750 Pearl Rd UNIT E-4 Unit E-4 Cleveland, OH 44136
10750 Pearl Rd UNIT E-4 Unit E-4, Cleveland, OH, 44136
$249,900
For Sale
$249,900
Fully Updated Office Space
Property Size808 SF
Price / SF$309.28
Days on Market334
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
Listing Office
(440) 376-4181
Listed by
Christine
(440) 376-4181
Added: Aug 19, 2025 Checked: Mar 16 at 9:06 am
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.3k | $22.68 |
| − Vacancy | −$3.7k | −$4.54 |
| EGI | $14.7k | $18.14 |
| − OpEx | −$3.7k | −$4.54 |
| NOI | $11.0k | $13.61 |
808 SF · lease $22.68/SF/yr · vacancy 20.00% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
FAQs
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
