Property profile

16560 Commerce Ct 16570 Middleburg Heights, OH 44130

OFF-MARKET
Medical Office Space
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Property ID
US66-0105843
4,500 SF 0.82 ac Built 1995
Last sale Apr 2007·$1,375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 16560 Commerce Court consists of office units configured for a range of sizes from approximately 1,800 to 3,600 square feet, within a General Business zoning framework. The site provides ample parking and features monument signage along West Sprague Road. Site documentation indicates an average traffic count of approximately 13,144, and the location is under one-half mile from I-71 via Exit 234 on Pearl Road, with I-80 accessible within about one mile, supporting regional access for office occupants and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$327k
Assessed land$66k
Assessed improvement$261k
Effective rate8.48%

Value estimate

· Nov 2026
$1.06M
$950k – $1.16M
AI approach$1.19M
CAP approach$845k
Submarket $/SF estimate$742k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$58 – $165
Qualifying comparables12

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?
GB
The general business district provides areas for a variety of business establishments engaged in retail sales, services, office, medical,...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.5
Auto Repair Shop12.9
HVAC Service12.8

Location

16560 Commerce Ct, Unit 16570 Middleburg Heights, OH 44130-6305
County assessor Recorded deeds · 9 transfers 12 qualifying comp sales 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6390 Pearl, Parma Heights, OH 44130-3066 $435,000 Jan 2026 3,345 SF
6900 Pearl, Middleburg Heights, OH 44130-3639 $6,550,000 Nov 2022 38,370 SF
18660 Bagley, Middleburg Heights, OH 44130-3483 $4,687,500 Feb 2022 29,960 SF
9050 Church, Parma Heights, OH 44130-4701 $1,710,328 Oct 2019 7,200 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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