Office Suite with
For Sale
Contact for pricing
10850-10950 Pearl Rd, Strongsville, OH 44136
Suite D7 features three offices, reception, and restroom, with signage available and about five parking spaces.
Property Size714 SF
Price / SF$210.08
Days on Market96
Property Features for 10850-10950 Pearl Rd
General Information
Standard status
Active
Size
714 SF
Total Parking Spaces
5
Property subtype
OFFICE
Site & Location
Traffic Count
22,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
No
Amenities
signage available
Listing Agency:
Gerspacher Real Estate Group
(330) 722-5002
Listed By:
Morgan Faunce · License #OH2006007013
(330) 241-9309
Source:
Moodyscre
Added: Jul 14
Changed: Oct 15
Last Checked: Oct 16 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gerspacher Real Estate Group
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.
Suite D7 is an office configuration that includes three offices, a reception area, and a restroom. The suite supports tenant-managed utilities, as gas and electric are paid by the tenant. Signage is available for the space.
The property offers parking of approximately five spaces and reports a traffic count of about 22,000. Highway access is described as minutes from I-80.
This is a for-sale office suite offering 714 square feet, suited for professional users seeking a compact, multi-room layout within a commercial office setting.
The property offers parking of approximately five spaces and reports a traffic count of about 22,000. Highway access is described as minutes from I-80.
This is a for-sale office suite offering 714 square feet, suited for professional users seeking a compact, multi-room layout within a commercial office setting.
Key Highlights
- 714 SF available (Suite D7) with lease pricing of $15.96/SF and CAM of $2.76/SF
- Suite D7 layout includes 3 offices, a reception area, and a restroom
- Tenant pays gas and electric; signage available for the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,666
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,320
$153.3K
Cap Rate 7%
$109,514
$109.5K
Cap Rate 9%
$85,178
$85.2K
Market Conditions
NOI Build-Up for 714 SF
Gross rent
$13.5K $18.96/SF
− Vacancy
−$3.3K −$4.65/SF
EGI
$10.2K $14.31/SF
− OpEx
−$2.6K −$3.58/SF
NOI
$7.7K $10.74/SF
Area
Cuyahoga County, OH
Vacancy
24.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,320
Cap Rate 7%
$109,514
Cap Rate 9%
$85,178
Alternative Uses
Best Use
Office B
$109.5K
$95.8K – $127.8K
NOI $7,666 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$572.1K
$500.6K – $667.4K
NOI $40,046 @ 7.0% cap · market cap 26.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
897
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
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Suite D7 features three offices, reception, and restroom, with signage available and about five parking spaces.
Where is this office units located?
The property is located at 10850-10950 Pearl Rd Strongsville, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 714 SF available (Suite D7) with lease pricing of $15.96/SF and CAM of $2.76/SF; Suite D7 layout includes 3 offices, a reception area, and a restroom; Tenant pays gas and electric; signage available for the suite
