4259 E Lake Rd Sheffield Lake, OH 44054
Versatile lakefront property suitable for office, medical, or live/work use.
- Added:
- Apr 14, 2026
- Days on Market:
- 89
- Last Refresh:
- Jul 2 at 5:42 am
Property Features for 4259 E Lake Rd
General Information
- Standard status
- Active
- Size
- 4,850 SF
- Lot size
- 0.87 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1990
Listing office CBRE - Cleveland
Listing date Apr 14, 2026
Source Crexi
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 CBRE - Cleveland
Investment Insights
Based on property information with market context.
Key Highlights
- Direct lake access with breathtaking views on a 0.87‑acre lakefront lot.
- Versatile B‑1 zoning allows for office, medical, residential (single‑family, multi‑family, live‑work), or short‑term rental use.
- 4,850 SF building featuring 16 private offices, 2 conference rooms, and a kitchenette/break area.
Local Financial Insights For Office B
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 | $96.0k | $19.80 |
| − Vacancy | −$14.4k | −$2.97 |
| EGI | $81.6k | $16.83 |
| − OpEx | −$20.4k | −$4.21 |
| NOI | $61.2k | $12.62 |
