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    2205-2237 Crocker Rd Westlake, OH 44145

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    For Sale
    $20,000,000

    Class A office portfolio in premier suburban market for sale.

    Property size:
    97,524 SF
    Lot size:
    8.59 Acres

    Property Features for 2205-2237 Crocker Rd

    General Information

    Size
    97,524 SF
    Lot size
    8.59 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

    Westlake Class A Office Portfolio

    This property is a Class A, three-building portfolio located in Westlake, Ohio, a premier suburban market of Cleveland. Approximately 62% of the portfolio was completed in 2024. The property features long-term tenants with national credit, including medical and professional office users. The leases are landlord-friendly, with minimal landlord responsibilities and yearly rent increases. The portfolio has a proven history of steadily increasing rents. The portfolio weighted average lease term remaining (WALT) is 7.75 years. Remaining office vacancies are likely to benefit from medical users, who typically command higher rents and longer terms compared to office users. The property is directly adjacent to a brand new retail development (Crocker Commons retail) and across from Crocker Park, a 4.5 million square foot award-winning mixed-use development. The property size is 97524 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.947953
    Latitude
    41.455669

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    FAQs

    What type of property is this?
    Office building - Class A office portfolio in premier suburban market for sale.
    Where is this office building located?
    The property is located at 2205-2237 Crocker Rd Westlake, OH.
    What is the asking price?
    The asking price for this property is $20,000,000.
    What are key features of this property?
    This property features: - Class A portfolio, largely completed in 2024.; - Long-term tenants with national credit provide stability.; - Landlord-friendly leases offer minimal responsibilities and yearly rent increases.
    (216) 520-1200
    Request Owner's contact information
    2205-2237 Crocker Rd Westlake, OH 44145
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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
    2205-2237 Crocker Rd Westlake, OH 44145
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