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    Property profile & analytics

    150 7th Ave Chardon, OH 44024-2908

    • Medical offices
    • 29,878 SF
    • 5.77 lot acres
    OFF-MARKET
    Value Estimation
    $9,155,000
    Last Sale
    Nov 03, 2022
    $11,000,000
    Location Intelligence
    Property ID
    US66-2537731
    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

    • Medical offices

    Property Details for 150 7th Ave

    Year built
    1998
    Lot size
    5.77 lot acres
    Property size
    29,878 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    10-005900
    APU
    10005900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chardon
    County
    Geauga
    State
    Ohio
    Longitude
    -81.2195
    Latitude
    41.5897
    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
    $86,804
    $167,410
    $1,087,210
    $1,254,620
    -
    $478,300
    $3,106,300
    $3,584,600

    Comparable in this City

    • Value Estimation
      $505,000
      18,994 SF

      13221 Ravenna Rd

      MEDICAL BUILDING • 18,994 SF
      13221 Ravenna Rd, Chardon, OH 44024-9047
      View Details
    • Value Estimation by Request
      0.80 Acres

      7th Ave

      MEDICAL BUILDING • 0.80 Acres
      7th Ave, Chardon, OH 44024
      View Details
    • Value Estimation
      $275,000
      1,908 SF

      12973 Ravenna Rd

      MEDICAL BUILDING • 1,908 SF
      12973 Ravenna Rd, Chardon, OH 44024-9029
      View Details
    • Value Estimation
      $285,000
      4,790 SF

      13346 Ravenna Rd

      MEDICAL BUILDING • 4,790 SF
      13346 Ravenna Rd, Chardon, OH 44024-7030
      View Details
    • Value Estimation
      $200,000
      4,764 SF

      13376 Ravenna Rd

      MEDICAL BUILDING • 4,764 SF
      13376 Ravenna Rd, Chardon, OH 44024-9007
      View Details
    • Value Estimation
      $705,000
      27,052 SF

      12555 Ravenwood Dr

      MEDICAL BUILDING • 27,052 SF
      12555 Ravenwood Dr, Chardon, OH 44024-9009
      View Details

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    Similar Nearby for Lease

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      Prime Retail Space Available Now
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      Prime retail space in thriving Chardon, OH.
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    150 7th Ave
    Chardon, OH 44024-2908
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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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