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    4259 Lake Rd Sheffield Lake, OH 44054

    Sponsored
    For Sale
    $1,049,000

    Sheffield Lake, OH: Prime Office Space

    Property size:
    4,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 4,850 square foot executive office building in Sheffield Lake, Ohio, presents a unique investment opportunity. Built in 1990 and renovated in 2015, the property sits on a 0.87-acre lot (APN: 03-00-040-101-001) and boasts a prime lakefront location with stunning views. The B-1 zoned property includes ample parking for over 20 vehicles. The interior features multiple offices, a spacious waiting area, and a convenient kitchenette. Significant recent investments, including over $100,000 in a new break wall within the past two years, ensure long-term protection and enhance the property's value. This property is ideal for owner-occupants or investors seeking a high-value, lakefront commercial space. The asking price is $1,049,000. Located at 4259 E Lake Rd, Sheffield Lake, OH 44054.

    Property Features for 4259 Lake Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,850 SF
    Lot Size
    37,897 SF

    Building Details

    Year Built/Renovated
    1990/2015
    Buildings
    1
    Stories
    2

    HighLights

    • $1,049,000 asking price for this executive office building.
    • 4,850 square feet of office space in a two‑story building.
    • Built in 1990, renovated in 2015, situated on a 0.87‑acre lot.
    • Located at 4259 E Lake Rd, Sheffield Lake, OH 44054, with ample parking.
    • Features lakefront views and a recently reinforced breakwall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1082747
    Latitude
    41.4911413

    Nearby Comparable

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      Lorain Duplex Near Lake Erie

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    • New
      $700,000
      1.33 Acres

      Lakefront Restaurant and Banquet Hall

      Restaurant with banquet hall, bar, and development opportunity on 1.33 acres.
      5348 E Lake Rd, Sheffield Lake, OH 44054
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    • Contact for pricing
      3,244 SF

      Office Space Near Emerging Interchange

      Office space for sale near Target, Lowe’s, and Cleveland Clinic.
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      View Details

    Nearby Similar for Sale

    • New
      $700,000
      1.33 Acres

      Lakefront Restaurant and Banquet Hall

      Restaurant with banquet hall, bar, and development opportunity on 1.33 acres.
      5348 E Lake Rd, Sheffield Lake, OH 44054
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Sheffield Lake, OH: Prime Office Space
    Where is this office property / space located?
    The property is located at 4259 Lake Rd Sheffield Lake, OH.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: $1,049,000 asking price for this executive office building.; 4,850 square feet of office space in a two-story building.; Built in 1990, renovated in 2015, situated on a 0.87-acre lot.
    Request Owner's contact information
    4259 Lake Rd Sheffield Lake, OH 44054
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    Sheffield Lake, OH 44054
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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
    4259 Lake Rd Sheffield Lake, OH 44054
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