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    Property profile & analytics

    100 7th Ave Chardon, OH 44024-7804

    • Office buildings
    • 67,501 SF
    • 6.59 lot acres
    OFF-MARKET
    Value Estimation
    $1,055,000
    Last Sale
    Nov 03, 2022
    Location Intelligence
    Property ID
    US66-2267971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 100 7th Ave

    Year built
    1990
    Lot size
    6.59 lot acres
    Property size
    67,501 SF
    Property type
    Office buildings
    APN
    10-005800
    APU
    10005800

    Description

    This exceptional Class A office building, located at 100 7th Ave in Chardon, Ohio, presents a unique investment opportunity. The property boasts a total of 67,501 square feet across three stories, with a single building situated on 6.57 acres of land. Currently, there is 13,461 square feet of vacant space available for lease, offering flexibility for businesses of various sizes. Spaces range from a minimum of 215 square feet to a maximum contiguous space of 7,620 square feet, making it suitable for both small and large tenants. The building features 175 parking spaces for convenient employee and client access, and high-speed internet is available throughout. Specific available spaces include 5,841 square feet on the first floor and 7,620 square feet on the second floor. The building is under new ownership, and significant improvements have already been made, with further enhancements planned. Large offices with ample natural light are a key feature. The property's address is 100 7th Ave, Chardon, OH 44024. This is a multiple-tenancy building with a total of 13,461 individual suites. The building is classified as a traditional office space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,460,000
      6.5%
      $1,440,000
      7%
      $1,490,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,425,000
      Geo Method
      $1,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,555,000
      Retail
      $1,255,000
      Mixed-Use
      $1,505,000
      Hospitality
      $1,495,000
      Educational
      $1,530,000
      Residential Income
      $1,275,000
      Energy
      $1,380,000
      Income-Based Land
      $1,400,000
      Food Service
      $1,155,000

    Location Insight

    • Map
    • Local Demand
    City
    Chardon
    County
    Geauga
    State
    Ohio
    Longitude
    -81.2205
    Latitude
    41.5888
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $81,723
    $201,180
    $980,000
    $1,181,180
    -
    $574,800
    $2,800,000
    $3,374,800

    Comparable in this City

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      155 Main St, Chardon, OH 44024-1244
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      $325,000
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      12564 Mayfield Rd

      OFFICE BUILDING • 1,007 SF
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      View Details
    • Value Estimation by Request
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      10750 Mayfield Rd

      OFFICE BUILDING • 4,608 SF
      10750 Mayfield Rd, Chardon, OH 44024-9323
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    • Value Estimation
      $275,000
      1,710 SF

      139 Main St

      OFFICE BUILDING • 1,710 SF
      139 Main St, Chardon, OH 44024-1244
      View Details
    • Value Estimation
      $285,000
      2,160 SF

      151 Main St

      OFFICE BUILDING • 2,160 SF
      151 Main St, Chardon, OH 44024-1244
      View Details

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    Similar Nearby for Lease

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      150,000 SF

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      Mayfield Road Retail Plaza

      Prime Retail Space Available Now
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    100 7th Ave
    Chardon, OH 44024-7804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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