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    150 Sprague Rd Broadview Heights, OH 44147

    For Lease
    $18 SF/Yr ($6,300 /Mo)

    Prime Ohio Office Suites, 800-1200 sq ft

    Lot size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Broadview Heights, Ohio office property at 150 E Sprague Rd offers flexible space in a well-maintained, updated building. The two-story, 4,200 square foot building features a central first-floor lobby and four individual suites, each with its own restroom and separate electric meter. Available space ranges from 800 to 1,200 contiguous square feet, ideal for a variety of businesses. Suite 1, for example, includes a reception area and two private offices, one with a window. The property sits on a 0.26-acre lot and boasts ample parking with 37 spaces. Built in 1957, the building is zoned C-1, providing versatility for commercial use. All utilities, except electricity, are included in the lease rate, making budgeting simple and predictable. This is a fantastic opportunity to secure a well-located, functional office space in a thriving community. The minimum divisible space is 800 square feet, while the maximum contiguous space is 1,200 square feet. This property is perfect for businesses seeking a professional and convenient location in Broadview Heights.

    Property Features for 150 Sprague Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,200 SF
    Total Rate
    6300

    Building Details

    Year Built
    1957
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 1
    Size
    400 SF
    Rate per SF
    $18

    HighLights

    • Available space: 800‑1,200 SF contiguous suites in a 4,200 SF building.
    • Suite 1 features a reception area and two private offices (one with a window).
    • C‑1 zoning allows for versatile commercial use.
    • Ample parking: 37 spaces.
    • Excellent location: ±12,000 daily traffic count and 2.6 miles to I‑77/E. Pleasant Valley Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Broadview Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6834137
    Latitude
    41.350737

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ohio Office Suites, 800-1200 sq ft
    Where is this office property / space located?
    The property is located at 150 Sprague Rd Broadview Heights, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Available space: 800-1,200 SF contiguous suites in a 4,200 SF building.; Suite 1 features a reception area and two private offices (one with a window).; C-1 zoning allows for versatile commercial use.
    Request Owner's contact information
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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
    150 Sprague Rd Broadview Heights, OH 44147
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