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Property profile & analytics
OFF-MARKET
Office Spaces

5445 Detroit Rd Sheffield, OH 44054

12,311 SF 1.25 ac lot Built 2006
Property ID
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a two-story, 12,311-square-foot Class A office building in Sheffield Lake, Ohio. Built in 2006 and renovated in 2024, the property boasts a 100% occupancy rate with five tenants, generating a strong net operating income (NOI) of $188,982 and a 7.5% capitalization rate. The asking price is $2,519,762.91. Situated on a 1.25-acre lot, this multi-tenant building offers 6,000 square feet of flexible space per floor, ideal for creative or medical office uses. Its attractive design and prime location, with easy access to I-90 and State Route 301, near Lorain County Community College, ensures high visibility and accessibility. The building features a convenient on-site gym with showers. This well-maintained property offers significant long-term value and is an excellent investment for owner-occupants seeking a high-traffic location in a growing area. The building's modern design and strong financial performance make it a compelling opportunity in the competitive Ohio commercial real estate market. This is a turnkey operation with a proven track record of success and immediate income generation.

Property profile
Verified
Property type Office Spaces
Year built 2006
Total area 12,311 SF
Lot 1.25 ac (54,450 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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