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Property profile & analytics
FOR LEASE
Office buildings

100 7Th Ave 224 Chardon, OH 44024

67,501 SF 6.59 ac lot Built 1990
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2267971
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 67,501 SF
Lot 6.59 ac (287,060 SF)
APN 10-005800
UPID US66-2267971
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.87M
Blend (final) Blend
$3.13M
Owner & transaction history
150 Seventh Avenue Owner LLC · 3 yrs held
150 Seventh Avenue Owner LLC
since 2022
5 recorded transactions
2022
$11.0M
2022
Price N/A
2021
$1.3M
2018
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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