Financial
Distress signals
Property profile

255 Park Pl Chagrin Falls, OH 44022

FOR LEASE
Other office properties
Property ID
US66-0430961
337 SF Built 1989
Last sale Jul 2024 · $81,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office/retail unit containing approximately 600 square feet of interior space and located just east of Downtown Chagrin Falls. It includes a private entrance and ample on-site parking. The interior is configured with multiple cabinets and counter spaces and has a separate storage room, supporting a variety of office or small business uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$14k
Assessed land$1k
Assessed improvement$13k
Effective rate8.45%

Value estimate

· Sep 2026
$185k
$167k – $204k
NOI build-up
Gross scheduled income$4k
Vacancy & credit loss−$126
Operating expenses−$1k
NOI · 297.63% cap applied$2k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$151/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$61 – $236

Cap rate analysis

How does the asset earn?
297.63%
$2k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGEAUGA

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.4
Restaurant11.9
Pharmacy11.6

Location

255 Park Pl Chagrin Falls, OH 44022
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
270 Park, Chagrin Falls, OH 44022-4456 $120,000 Dec 2025 1,015 SF
45 Main, Chagrin Falls, OH 44022-3230 $250,000 Jan 2024 845 SF
325 Park, Chagrin Falls, OH 44022-4414 $83,000 May 2023 509 SF
250 Park, Chagrin Falls, OH 44022-4456 $70,000 Nov 2022 557 SF
175 Park, Chagrin Falls, OH 44022-4442 $82,000 Dec 2019 777 SF
395 Park, Chagrin Falls, OH 44022-4414 $80,200 Oct 2018 752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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