12663 Chillicothe Rd Chesterland, OH 44026-2534
Property Lookup
Property profile & analytics
12663 Chillicothe Rd Chesterland, OH 44026-2534
- Retail space
- 1,000 SF
- 0.33 lot acres
Property ID
US66-1066596
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.
Location Intelligence
Current Use by Public Records
- MJ Builders, Inc / Construction Company / General Contractor
Property Details for 12663 Chillicothe Rd
- Year built
- 1930
- Construction
- FRAME
- Lot size
- 0.33 lot acres
- Property size
- 1,000 SF
- Property type
- Retail space
- APN
- 11-292320
- APU
- 11292320
Description
This exceptional Chesterland investment opportunity encompasses two parcels totaling 0.83 acres, strategically located adjacent to a township park. The property features a total of 3,572 square feet of space distributed across five income-generating rental units. One building houses a commercial tenant on the ground floor and a residential unit above. A second building includes a commercial tenant occupying the majority of the space, and a smaller one-bedroom residential unit. A third building, a former house, also accommodates a commercial tenant. The property is zoned for general commercial use, with two apartments grandfathered in under the current zoning. The property's convenient location and diverse income streams make it an attractive investment prospect. Note that the property shares a well and has two separate sewer charges, one for each address. This presents a unique opportunity for an investor seeking a diversified portfolio with immediate cash flow and potential for future development or expansion given the general commercial zoning. The existing tenants provide a stable income base, while the location near the park offers significant appeal. The property's size and configuration offer flexibility for a variety of uses and future development plans. This is a rare opportunity to acquire a well-established mixed-use property in a desirable location.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Chesterland
- County
- Geauga
- State
- Ohio
- Longitude
- -81.3374
- Latitude
- 41.5242
- 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
$1,942
$15,930
$19,080
$35,010
-
$45,500
$54,500
$100,000
