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 Market430
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
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
