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    15883-15885 Sprague Rd Strongsville, OH

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    For Sale
    $5,500,000

    Turnkey corporate headquarters with expansion and development potential.

    Property size:
    88,816 SF
    Lot size:
    17.65 Acres

    Property Features for 15883-15885 Sprague Rd

    General Information

    Size
    88,816 SF
    Lot size
    17.65 Acres

    Source: CBRE | Cleveland Agent Joseph Khouri

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

    Overview

    Strongsville Corporate HQ on 17 Acres

    This property in Cuyahoga County features an 88,816 square foot two-story office building and a 5,567 square foot annex building, situated on approximately 17 acres. It offers the opportunity to expand the existing building by an additional 40,000 square feet. Furthermore, there is approximately 6.15 acres of undeveloped parcel along W. Sprague Road, providing additional development potential. The property boasts approximately 700 feet of frontage along W. Sprague Road. The site functions as a turnkey corporate headquarters with 400 parking spaces. Zoned for Research & Development, the location is in the business-friendly City of Strongsville, where tax incentives may be available. It is located 2 minutes from I-71 (SR-42, Pearl Road exit) and 2 minutes to Pearl Road retail and restaurant amenities. The location benefits from ample market amenities and a strong resident workforce; Strongsville boasts nearly 200 companies.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8552196
    Latitude
    41.3029994

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    FAQs

    What type of property is this?
    Office building - Turnkey corporate headquarters with expansion and development potential.
    Where is this office building located?
    The property is located at 15883-15885 Sprague Rd Strongsville, OH.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Turnkey Corporate HQ with **400 parking spaces**; - 2 minutes from I-71 and Pearl Road retail/restaurant amenities; - Opportunity to expand existing building by **40,000 SF**
    (216) 658-6120
    Request Owner's contact information
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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
    15883-15885 Sprague Rd Strongsville, OH
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