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    16500 Chagrin Blvd Shaker Heights, OH

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    For Lease
    Contact for pricing

    Medical office space with six exam rooms for lease.

    Property size:
    2,376 SF
    Lot size:
    3.54 Acres

    Property Features for 16500 Chagrin Blvd

    General Information

    Size
    2,376 SF
    Lot size
    3.54 Acres

    Source: NAI Pleasant Valley - Independence Agent Noah Broadbent

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

    Overview

    Medical Office Space Available

    This property offers medical office space, specifically Suite 202 on the second floor, encompassing 2,376 square feet. The suite features a private entryway and six exam rooms. Exterior signage is available on a high-traffic corner. Rent abatement and a tenant improvement allowance are available. Exterior and landscaping improvements are planned for Spring 2023. The property is adjacent to Shaker Towne Center.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Shaker Heights Animal Hospital

    Map

    City
    Shaker Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5760945
    Latitude
    41.4769163

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    FAQs

    What type of property is this?
    Medical office - Medical office space with six exam rooms for lease.
    Where is this medical office located?
    The property is located at 16500 Chagrin Blvd Shaker Heights, OH.
    What are key features of this property?
    This property features: - Medical Office Space: **2,376 SF Suite 202**; - **6 Exam Rooms**; - Rent Abatement and Generous Tenant Improvement Allowance Available
    (440) 708-8578
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    16500 Chagrin Blvd Shaker Heights, OH
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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
    16500 Chagrin Blvd Shaker Heights, OH
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