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    8401 Chagrin Rd Chagrin Falls, OH 44023

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    For Sale
    $8,785,000

    Two-building, 98% occupied office asset in affluent market.

    Property size:
    54,505 SF
    Lot size:
    7.08 Acres

    Property Features for 8401 Chagrin Rd

    General Information

    Size
    54,505 SF
    Lot size
    7.08 Acres

    Source: Cooper Commercial Investment Group Agent Bob Havasi

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

    Overview

    NNN Office Asset For Sale

    This is a two-building office asset that is 98% occupied. The property is located in an exceptionally affluent market with average household incomes over $200,000 within a 5-mile radius. This meticulously maintained trophy asset features prominent monument signage and is being sold by the original developer. The property has a total size of 54,505 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Chagrin Falls
    County
    Geauga
    State
    Ohio
    Longitude
    -81.3422711
    Latitude
    41.38926

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    FAQs

    What type of property is this?
    Office building - Two-building, 98% occupied office asset in affluent market.
    Where is this office building located?
    The property is located at 8401 Chagrin Rd Chagrin Falls, OH.
    What is the asking price?
    The asking price for this property is $8,785,000.
    What are key features of this property?
    This property features: - 98% Occupied: Demonstrating strong income generation.; - NNN Office Asset: Offers simplified expense management.; - Exceptionally Affluent Market: High average household incomes suggest strong tenant base.
    (216) 562-1981
    Request Owner's contact information
    8401 Chagrin Rd Chagrin Falls, OH 44023
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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
    8401 Chagrin Rd Chagrin Falls, OH 44023
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