Financial
Distress signals
Property profile

15883 Sprague Rd Strongsville, OH 44136

OFF-MARKET
Office buildings
Property ID
US66-2186869
90,676 SF 17.63 ac lot Built 1984
Last sale Oct 2000 · $7,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant, 88,816-square-foot, two-story office building situated on approximately 17 acres in Strongsville, Ohio. The property, previously serving as a corporate headquarters, boasts a Class B designation and includes a 5,567-square-foot annex building. Built in 1984 with renovations completed in the 2000s and 2016, the property features corporate-standard finishes and is exceptionally well-maintained. The building offers ample natural light,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$118k
Tax billed · 2023
Assessed value$1.45M
Assessed land$372k
Assessed improvement$1.08M
Effective rate8.17%

Value estimate

· Sep 2026
$1.58M
$1.42M – $1.74M
Sales comparison$6.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293

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?
RD
Research-Development, Commercial Service, General Industrial and Aviation Field Districts and their regulations to provide, in appropriat...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.5
Dental Office14.6
Auto Repair Shop13.4

Location

15883 Sprague Rd Strongsville, OH 44136
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13022 Pearl, Strongsville, OH 44136-3446 $750,000 May 2022 8,078 SF
14885 Sprague, Strongsville, OH 44136-1769 $250,000 May 2022 24,022 SF
15163 Tracy, Strongsville, OH 44136 $1,835,228 Mar 2022 13,920 SF
17800 Royalton, Strongsville, OH 44136-5149 $3,700,000 Jul 2021 106,400 SF
14780 Pearl, Strongsville, OH 44136-5001 $3,000,000 Mar 2021 12,348 SF
8300 Dow, Strongsville, OH 44136-6600 $2,200,000 Dec 2020 35,560 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
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