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    Property profile & analytics
    OFF-MARKET Estimated value $1,005,000
    Office buildings

    16363 Pearl Rd, Strongsville, OH 44136-6002

    7,725 SF 0.93 ac lot Built 1983
    Entity Owned Free & Clear
    Property ID
    US66-1814928
    Property summary
    AI-generated overview

    This 7,740 square foot multi-tenant office building in Strongsville, Ohio, presents a unique investment opportunity. Priced at $799,000 ($103.23/SF), the property boasts a desirable location, situated on 0.79 acres, 1.2 miles south of the Royalton Road and Pearl Road intersection, adjacent to St. John Neumann Catholic Church and across from Marc's grocery store. The building features approximately 133 parking spaces and is conveniently located 3.5 miles from the I-71 interchange. Built in 1983, the property includes a newer roof (8 years old), five furnaces, and five AC condenser units. The building is currently divided into three pods, offering diverse tenancy. Pod 1 houses Whispering Pines Nature Spa, Wishful Blinking, and Real Estate Excellence Group LLC. Pod 2, a 2,160 square foot suite currently occupied by an orthodontics practice, is available and ideally suited for dental or orthodontic use, featuring a reception area, six dental chairs, labs, and a kitchenette. Pod 3 includes Prudential, Sprout Therapy LLC, and Biocore. The current annual gross income is $45,840, with the seller paying all utilities and operating expenses. The 2024 estimated real estate taxes are $20,535.94. Seller financing is available. This owner-occupied investment opportunity offers potential for strong returns. The existing tenants provide a stable income stream, potentially offsetting operating expenses and mortgage payments.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1983
    Construction WOOD
    Total area 7,725 SF
    Lot 0.93 ac (40,494 SF)
    Zoning code GB
    APN 397-09-002
    UPID US66-1814928
    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
    $1.18M
    Blend (final) Blend
    $1.01M
    Owner & transaction history
    Mg Estate LLC
    Mg Estate LLC
    since 2025
    Last sale
    $660,000
    3 recorded transactions
    2025
    $660,000
    2007
    1969
    Zoning & alternative use
    GB · Strongsville, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.3M +4.3%
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