Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8141 Broadview Rd Broadview Heights, OH 44147

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8141 Broadview Rd Broadview Heights, OH 44147

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 8141 Broadview Rd

    Property type
    Retail properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional Broadview Heights, Ohio retail property, located at 8111-8147 Broadview Road, zip code 44147, offers three available medical office suites totaling 1,500 square feet. The property is ideally situated for medical practices seeking a convenient and accessible location in a thriving community. The building's classification as both retail and medical office space provides flexibility and potential for a variety of uses. The multiple tenancy structure allows for independent operations within the building, offering privacy and autonomy to each tenant. The precise address for this opportunity is 8141 Broadview Rd, Broadview Heights, OH 44147. This prime location provides excellent visibility and accessibility for patients and clients. The property's coordinates are 41.344441317554164 latitude and -81.68461774568873 longitude. This presents a unique chance to establish or expand a medical practice in a well-established area with high foot traffic potential. The available space is perfect for a variety of medical specialties or related healthcare businesses. Serious inquiries are encouraged to explore this promising investment opportunity. Contact us today to schedule a viewing and discuss your specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Broadview Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6846
    Latitude
    41.3444

    Comparable in this City

    • Value Estimation by Request

      203 Royalton Rd

      Medical Office Space
      203 Royalton Rd, Broadview Heights, OH 44147
      View Details
    • Value Estimation
      $1,315,000
      9,600 SF

      7000 Town Ctr Dr

      MEDICAL BUILDING • 9,600 SF
      7000 Town Ctr Dr, Broadview Heights, OH 44147-4008
      View Details
    • Value Estimation
      $2,920,000
      21,054 SF

      303 Royalton Rd

      MEDICAL BUILDING • 21,054 SF
      303 Royalton Rd, Broadview Heights, OH 44147-2591
      View Details
    • Value Estimation by Request
      15,048 SF

      2001 Royalton Rd

      MEDICAL BUILDING • 15,048 SF
      2001 Royalton Rd, Broadview Heights, OH 44147-2811
      View Details
    • Value Estimation
      $7,210,000
      49,470 SF

      5901 Royalton Rd

      MEDICAL BUILDING • 49,470 SF
      5901 Royalton Rd, Broadview Heights, OH 44147-3532
      View Details
    • Value Estimation by Request
      2,715 SF

      9417 Broadview Rd

      MEDICAL BUILDING • 2,715 SF
      9417 Broadview Rd, Broadview Heights, OH 44147-2307
      View Details

    Similar Nearby for Sale

    • $5,975,000
      206,658 SF

      Class-A Office Park Portfolio

      Three Class-A office buildings in Broadview Heights, Ohio.
      9150 S Hills Blvd, Broadview Heights, OH 44147
      View Details
    • $425,000
      4.24 Acres

      Cleared Land Ready to Build

      Two build-ready lots in Broadview Heights, convenient location.
      9425 Avery Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Commercial Land with Dock Access

      Commercial land available with dock access and high traffic volume.
      SR 82 E Royalton Rd, Brecksville, OH 44147
      View Details
    • Contact for pricing

      Broadview Heights Commercial Land Parcel

      0.83 AC commercial land in Broadview Heights, OH.
      9427 Broadview Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing
      11,226 SF

      Broadview Heights Commercial Property For Sale

      Commercial property for sale in Broadview Heights, Ohio.
      8085 Broadview Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Broadview Heights Industrial Land Available

      Industrial land with extensive frontage and convenient highway access.
      Harris Rd, Broadview Heights, OH 44147
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Retail Opportunity in Broadview

      Move-in-ready and shell space available in Broadview Heights, OH.
      1055 W Royalton Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Retail Center in Broadview Heights

      Retail and office spaces available in high-traffic Broadview Heights.
      203 E Royalton Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing
      8,800 SF

      Freestanding Retail/Office/Daycare Opportunity

      8,800 SF freestanding building on 1.1 AC in Broadview Heights.
      8161 Broadview Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Office Space with Private Offices

      Office space featuring a reception area and two private offices.
      150 Sprague Rd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Broadview Heights Office Property For Rent

      60,000 SF office property in Broadview Heights, Ohio.
      9150 South Hills Blvd, Broadview Heights, OH 44147
      View Details
    • Contact for pricing

      Broadview Heights Office Space Available

      Office property in Broadview Heights with tenant amenities for lease.
      9200 South Hills Blvd, Broadview Heights, OH 44147
      View Details
    Request Owner's contact information
    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.
    8141 Broadview Rd
    Broadview Heights, OH 44147
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!