Financial
Distress signals
Property profile

23250 Chagrin Blvd Beachwood, OH 44122

FOR SALE
Office buildings
Property ID
US66-5531354
60,460 SF 3.58 ac lot Built 1992
Last sale Aug 2022 · $1,927,222
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This office building is configured to accommodate leasing arrangements that may include a full floor or the entire building. The property is located within walking distance of restaurants, shopping, and entertainment venues, and offers ample surface parking as well as heated underground parking. It includes exterior monument signage opportunities and provides convenient access to I-271. The building has a total area of 60,460 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$55k
Tax billed · 2023
Assessed value$683k
Assessed land$256k
Assessed improvement$427k
Effective rate8.05%

Value estimate

· Sep 2026
$2.71M
$2.43M – $2.98M
AI approach$2.93M
Submarket $/SF estimate$1.93M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$60 – $160

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
U-7A
Buildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses...
General categoryRESIDENTIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.8
HVAC Service11.1
Convenience Store10.5

Location

23250 Chagrin Blvd Beachwood, OH 44122
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23311 Commerce, Beachwood, OH 44122-5810 $1,410,383 Apr 2023 33,600 SF
3601 Grn, Beachwood, OH 44122-5725 $2,750,000 Feb 2022 36,624 SF
24400 Chagrin, Beachwood, OH 44122-5642 $3,208,997 Jul 2020 34,710 SF
20820 Chagrin, Shaker Heights, OH 44122-5323 $1,250,000 Jun 2020 37,677 SF
29225 Chagrin, Beachwood, OH 44122-4645 $4,800,000 Apr 2020 35,835 SF
24200 Chagrin, Beachwood, OH 44122-5550 $5,253,000 Jan 2020 37,864 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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