Office Condominium Units with Conference
For Sale
Contact for pricing
2307 E Aurora Rd, Twinsburg, OH 44087
Five condominium units include office end space with full bullpen and a dedicated conference room.
Property Size4,793 SF
Price / SF$62.59
Days on Market178
Property Features for 2307 E Aurora Rd
General Information
Standard status
Active
Size
4,793 SF
Property subtype
OFFICE
Additional Details
Office Build-Out
9,733 SF
Office Units
2
Building Details
Year Built
1993
Listing Agency:
SVN Summit Commercial Real Estate Advisors
(216) 327-1787
Listed By:
Brian Foster · License #2021008191
(216) 327-1787
Source:
Moodyscre
Added: Feb 2
Changed: Jul 30
Last Checked: Jul 30 at 2:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Summit Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
Built in 1993, this condominium property totals approximately 23,993 SF and consists of five individual units. There are two office end units totaling approximately 9,733 SF, plus three industrial flex units, each approximately 4,400 SF.
Office Unit B-1B includes 4,793 SF featuring a full bullpen, five offices, and a conference room. The property is located at 2307 E Aurora Rd in Twinsburg, OH 44087.
Office Unit B-1B includes 4,793 SF featuring a full bullpen, five offices, and a conference room. The property is located at 2307 E Aurora Rd in Twinsburg, OH 44087.
Key Highlights
- Built in 1993
- Five condominium units totaling approximately 23,993 SF
- Two office end units totaling approximately 9,733 SF
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $5.88 |
| − Vacancy | −$1.0k | −$0.22 |
| EGI | $27.1k | $5.66 |
| − OpEx | −$8.1k | −$1.70 |
| NOI | $19.0k | $3.96 |
4,793 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Office B
$809.8K
$708.6K – $944.8K
NOI $56,687 @ 7.0% cap · market cap 18.90%
Second Best
Industrial
$271.4K
$237.5K – $316.6K
NOI $18,998 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,337 @ 7.0% cap · market cap 27.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
Demographics for 44087, OH
22,626
Population
9,146
Households
2.5
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,257
Density / Sq Mi
$95,810
Median Household Income
$59,762
Median Earnings
$1,333
Median Rent
$290,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Five condominium units include office end space with full bullpen and a dedicated conference room.
Where is this office units located?
The property is located at 2307 E Aurora Rd Twinsburg, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Built in 1993; Five condominium units totaling approximately 23,993 SF; Two office end units totaling approximately 9,733 SF
