Financial
Distress signals
Property profile

23900 Commerce Park Beachwood, OH 44122

OFF-MARKET
Office buildings
Property ID
US66-2153931
9,165 SF 1.03 ac lot Built 1966
Last sale May 2023 · $1,000,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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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?
$17k
Tax billed · 2023
Assessed value$212k
Assessed land$74k
Assessed improvement$139k
Effective rate8.12%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.29M
AI approach$1.07M
Sales comparison$763k

Realmo valuation models over county records and 9 qualifying comparable sales.

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
Qualifying comparables9

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-8
It is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial...
General categoryMIXED_USE
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.7
Auto Repair Shop11.5
HVAC Service10.8

Location

23900 Commerce Park Beachwood, OH 44122-5822
County assessor Recorded deeds · 7 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20515 Shaker, Shaker Heights, OH 44122-2664 $955,000 May 2025 6,221 SF
18810 Harvard, Cleveland, OH 44122-6848 $5,396,600 Sep 2024 5,859 SF
23825 Commerce, Beachwood, OH 44122-5837 $2,300,000 Apr 2024 10,240 SF
21515 Chagrin, Beachwood, OH 44122-5339 $500,000 Oct 2023 7,254 SF
23715 Mercantile, Beachwood, OH 44122-5933 $1,150,000 Sep 2021 15,160 SF
24755 Highpoint, Beachwood, OH 44122-6056 $1,600,000 Sep 2019 12,264 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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