7984 Olde 8 Road, Northfield, OH 44067
SINGLE_FAMILY - Northfield, OH
- Added:
- May 11, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 3 at 10:06 am
Property Features for 7984 Olde 8 Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 4003082
- Size
- 3,200 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6454
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
Listing agent Anthony G Romano License #2004013247 (440) 724-8836
Listing office Century 21 Homestar 31320 Solon Road, Suite 17, Solon, OH (440) 449-9100
Listing date May 11, 2026
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent visibility on a heavily traveled corridor in Northfield.
- Convenient access to major highways (I‑271 and Route 8).
- Approximately 3,200 SF of updated office space.
- Ample on‑site asphalt parking.
- Private wooded setting offering accessibility and privacy.
- Fully furnished with executive office furniture.
Overview
The building is located on a heavily traveled corridor in Northfield, with convenient access to major highways including I-271 and Route 8. Set on approximately 0.68 acres (lot size as provided), the property is positioned to provide strong visibility while remaining accessible for tenants, staff, and customers coming from surrounding communities.
This offering is well suited for an owner-user or an investor seeking a distinctive, move-in-ready office environment. The combination of updated finishes, on-site parking, and furnished executive office space can help reduce setup time for a professional or medical practice, counseling office, or other service business that benefits from a private, professional setting with highway access.
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 | $54.1k | $16.92 |
| − Vacancy | −$3.7k | −$1.15 |
| EGI | $50.5k | $15.77 |
| − OpEx | −$12.6k | −$3.94 |
| NOI | $37.8k | $11.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Northfield
- County
- Summit
- State
- Ohio
- Longitude
- -81.516194
- Latitude
- 41.281672
