Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 Parker Ct Chardon, OH 44024

    Sponsored
    For Lease
    $14 SF/Yr ($11,554 /Mo)

    Traditional office building, flexible suites, Geauga County.

    Lot size:
    9,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    407
    This exceptional single-story office building, located at 100 Parker Court in Chardon, Ohio, presents a unique opportunity for businesses seeking flexible and adaptable workspace. The property boasts a total of 9,904 square feet, situated on a generous 1.49 acres of land. The building is zoned C-3, Traditional Commercial, allowing for a variety of commercial uses. Multiple tenancy options are available, with spaces ranging from a minimum of 800 square feet to a maximum contiguous space of 9,000 square feet, catering to businesses of various sizes. The property's address is 100 Parker Ct, Chardon, OH 44024, conveniently located near Chardon Rd. The property features one building with a single story, offering easy accessibility and efficient layout. The parcel number is 10-56900, and it is located in Geauga County. This is an excellent opportunity to establish or expand your business in a desirable location with ample space and convenient access. The property's size and zoning make it suitable for a wide range of commercial enterprises. Don't miss this chance to secure your ideal office space in this thriving community.

    Property Features for 100 Parker Ct

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,904 SF
    Total Rate
    11554.67

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,000 SF
    Rate per SF
    $14

    We can help!

    Listing Contact
    Neil Sawicki
    Neil Sawicki

    Learn more

    Property Insight Report

    HighLights

    • 9,904± SF facility divisible into suites ranging from 800± SF to 9,000± SF, with separately metered utilities and build‑to‑suit options.
    • 50± parking spaces.
    • Secure building with new front windows.
    • Attractive park‑like setting.
    • C‑3 Traditional Commercial zoning.
    • Located in Chardon, Geauga County's county seat, on State Route 6, east of Auburn Road and west of State Route 44.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chardon
    County
    Geauga
    State
    Ohio
    Longitude
    -81.229209799745
    Latitude
    41.580667532974

    Nearby Similar for Lease

    • $12 SF/Yr
      3,602 SF

      Chardon Office Space For Lease

      Office space for lease in Chardon's Historic Town Square.
      100 Ctr St, Chardon, OH
      View Details
    • Contact for pricing
      150,000 SF

      Grand River Walk: Retail Spaces

      Prime Painesville retail, restaurant space.
      257 Main St, Chardon, OH 44024
      View Details
    • Contact for pricing
      16,922 SF

      Mayfield Road Retail Plaza

      Prime Retail Space Available Now
      12797 Mayfield Rd, Chardon, OH 44024
      View Details
    • Contact for pricing
      7,400 SF

      Chardon Retail Space - 7,400 SF

      Prime retail space in thriving Chardon, OH.
      255 Meadowlands Dr, Chardon, OH 44024
      View Details
    • Contact for pricing
      1,760 SF

      Retail Space in Chardon, Ohio

      Community shopping center space for lease in Chardon, Ohio.
      602 St South, Chardon, OH
      View Details
    • Contact for pricing
      6,367 SF

      Office Space Near Chardon Square

      Office space available on 5th Avenue near Chardon Square.
      521 5Th Ave, Chardon, OH 44024
      View Details
    • $14 SF/Yr
      590 SF

      Second Floor Office Space Available

      Two-office unit with meeting room and utilities included.
      103-111 St South, Chardon, OH
      View Details
    • Contact for pricing
      8,125 SF

      Free Standing Retail Building

      8,125 SF retail building in close proximity to downtown.
      11180 Chardon Rd, Chardon, OH 44024
      View Details
    • Contact for pricing
      1,702 SF

      Retail Space with Great Parking

      Retail space available with flexibility on size and parking.
      425 Water St, Chardon, OH
      View Details
    • Contact for pricing
      8,000 SF

      8,000 SF Flex/Industrial/Office Space

      Second-floor office and industrial space suitable for various businesses.
      357 Washington St, Chardon, OH
      View Details
    • Contact for pricing
      3,645 SF

      Retail Space in Chardon, OH

      Retail space available in area with national retailers and restaurants.
      209 Ctr St, Chardon, OH
      View Details
    • $16 SF/Yr
      5,300 SF

      Chardon Office Space For Rent

      5,300 square foot office space available for lease.
      540 Water St, Chardon, OH
      View Details

    FAQs

    What type of property is this?
    Office Property Space - Traditional office building, flexible suites, Geauga County.
    Where is this office property space located?
    The property is located at 100 Parker Ct Chardon, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 9,904± SF facility divisible into suites ranging from 800± SF to 9,000± SF, with separately metered utilities and build-to-suit options.; 50± parking spaces.; Secure building with new front windows.
    Request Owner's contact information
    100 Parker Ct Chardon, OH 44024
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Parker Ct
    Chardon, OH 44024
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    100 Parker Ct Chardon, OH 44024
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Neil Sawicki
    Neil Sawicki
    Real Estate License ID: OH BRKP.2004001745
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.