Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    23366 Commerce Park Rd Beachwood, OH

    For Sale
    $1,750,000

    Flex/office building in Chagrin Corridor with redevelopment potential.

    Property size:
    24,970 SF
    Lot size:
    1.39 Acres

    Property Features for 23366 Commerce Park Rd

    General Information

    Size
    24,970 SF
    Lot size
    1.39 Acres

    Source: Cresco Real Estate | Cleveland Agent Rico A. Pietro, SIOR

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

    Overview

    Chagrin Corridor Flex/Office Opportunity

    This property presents a rare opportunity to own flex/office space in the Chagrin Corridor. The building is currently configured with 12,295 square feet of warehouse/flex space, along with a two-story office component at the front, totaling 12,675 square feet. The property is well-maintained and offers 24,970 square feet of total space. With 60% occupancy and mostly short-term leases, it provides flexibility for an owner-user or repositioning by a developer. Potential incentives may be available from the city.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    City Barbeque, cater4u2

    Map

    City
    Beachwood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5087322
    Latitude
    41.4644979

    Nearby Similar for Sale

    • $2,300,000
      25,282 SF

      Beachwood Office Building For Sale

      Modern office building in Beachwood with high occupancy.
      24300 Chagrin Blvd, Beachwood, OH 44122
      View Details
    • $3,866,500
      40,700 SF

      Anchor Store Box Opportunity

      Rare retail opportunity in prime Northern Ohio market.
      23949 Chagrin Blvd, Beachwood, OH 44122
      View Details
    • $1,750,000
      22,944 SF

      Beachwood Office Building For Sale

      Centrally located Beachwood office building with strong tenant mix.
      3781-99 S Green Rd, Beachwood, OH 44122
      View Details
    • Contact for pricing
      59,168 SF

      Modern Office Space For Sale

      Class A office space with modern design and premium amenities.
      25435 Harvard Rd, Beachwood, OH 44122
      View Details
    • $2,000,000
      20,695 SF

      Beachwood Freestanding Office Building

      20,000 SF office building convertible to other uses.
      23905 Mercantile Rd, Beachwood, OH 44122
      View Details
    • $15,000,000
      130,000 SF

      Enterprise Place Office and Medical

      130,000 SF office and medical building in Beachwood, Ohio.
      3333 Enterprise Pl, Beachwood, OH
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/office building in Chagrin Corridor with redevelopment potential.
    Where is this flex space located?
    The property is located at 23366 Commerce Park Rd Beachwood, OH.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Rare flex/office property in the Chagrin Corridor.; - Significant warehouse/flex space (12,295 SF) combined with a 2-story office component (12,675 SF).; - Flexibility for owner-user or developer repositioning.
    (216) 520-1200
    Request Owner's contact information
    23366 Commerce Park Rd Beachwood, OH
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23366 Commerce Park Rd
    Beachwood, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    23366 Commerce Park Rd Beachwood, OH
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.