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    3 Hemisphere Way, Unit | Bedford Bedford, OH 44146

    For Sale
    $2,500,000

    18,961 SF office building in Bedford, built in 2008.

    Property size:
    18 SF

    Property Features for 3 Hemisphere Way

    General Information

    Size
    18 SF

    Building Details

    Year built
    2008

    Source: Jeremy Steiger, SIOR Agent Jeremy Steiger, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Bedford Office Building

    This meticulously maintained 18,961 SF office building, constructed in 2008, presents a prime investment opportunity in the Bedford area. The property features two distinct units designed for versatility and functionality. A substantial on-site solar array produces the vast majority of energy consumed by the property; the total utility expense for 2023 was $3,527.64. Located approximately 12 minutes by car from the I-271 Chagrin Boulevard exit, this well-appointed building offers ample parking. Its modern construction and thoughtful layout make it an ideal space for businesses seeking quality office space in an established and dynamic area. This property is designed to meet the needs of investors in search of a sound real estate opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.534799
    Latitude
    41.378474

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    FAQs

    What type of property is this?
    Office building - 18,961 SF office building in Bedford, built in 2008.
    Where is this office building located?
    The property is located at 3 Hemisphere Way, Unit | Bedford Bedford, OH.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Meticulously maintained 18,961 SF office building.; - Substantial on-site solar array significantly reduces energy costs (2023 utility expense: $3,527.64).; - Built in 2008, offering modern construction and design.
    (216) 559-9090
    Request Owner's contact information
    3 Hemisphere Way, Unit | Bedford Bedford, OH 44146
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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
    3 Hemisphere Way, Unit | Bedford Bedford, OH 44146
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