Financial
Distress signals
Property profile

23700 Mercantile Rd Beachwood, OH 44122

OFF-MARKET
Office buildings
Property ID
US66-6180086
5,520 SF 3.81 ac lot Built 1970
Last sale Apr 2017 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$62k
Tax billed · 2023
Assessed value$769k
Assessed land$245k
Assessed improvement$525k
Effective rate8.06%

Value estimate

· Sep 2026
$680k
$612k – $748k
AI approach$680k
Submarket $/SF estimate$885k

Realmo valuation models over county records and 12 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 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?
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 Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
HVAC Service9.6
Convenience Store9.5

Location

23700 Mercantile Rd Beachwood, OH 44122-5900
County assessor Recorded deeds · 4 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 · 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
21515 Chagrin, Beachwood, OH 44122-5339 $500,000 Oct 2023 7,254 SF
23900 Commerce, Beachwood, OH 44122-5822 $1,000,000 May 2023 9,165 SF
23700 Commerce, Beachwood, OH 44122-5827 $3,650,000 May 2020 3,192 SF
23905 Mercantile, Beachwood, OH 44122-5925 $1,732,000 Dec 2019 2,995 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?”
You own 23700 Mercantile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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