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    Property profile & analytics

    18000 Jefferson Park Rd Middleburg Heights, OH 44130-3440

    • Office buildings
    • 11,910 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    $15,665,000
    Last Sale
    Apr 05, 2024
    $15,853,764
    Location Intelligence
    Property ID
    US66-2292673
    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

    • Office buildings

    Property Details for 18000 Jefferson Park Rd

    Year built
    1991
    Construction
    WOOD
    Lot size
    1.09 lot acres
    Property size
    11,910 SF
    Zone code
    OB
    Property type
    Office buildings
    APN
    371-12-014
    APU
    37112014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $15,855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $16,005,000
      6.5%
      $15,600,000
      7%
      $17,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,835,000
      Geo Method
      $15,035,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,735,000
      Retail
      $15,660,000
      Mixed-Use
      $14,995,000
      Hospitality
      $18,110,000
      Educational
      $17,370,000
      Residential Income
      $15,960,000
      Energy
      $14,820,000
      Income-Based Land
      $14,470,000
      Food Service
      $13,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8279
    Latitude
    41.3765
    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
    $25,480
    $53,100
    $244,410
    $297,510
    -
    $151,700
    $698,300
    $850,000

    Comparable in this City

    • Value Estimation
      $970,000
      12,854 SF

      16530 Commerce Ct

      OFFICE BUILDING • 12,854 SF
      16530 Commerce Ct, Middleburg Heights, OH 44130-6316
      View Details
    • Value Estimation
      $805,000
      1,800 SF

      5290 Commerce W Pkwy, Unit 5320

      OFFICE BUILDING • 1,800 SF
      5290 Commerce W Pkwy, Parma, OH 44130-1271
      View Details
    • Value Estimation
      $575,000
      8,400 SF

      12800 Corporate Dr

      OFFICE BUILDING • 8,400 SF
      12800 Corporate Dr, Parma, OH 44130-9311
      View Details
    • Value Estimation
      $1,020,000
      41,546 SF

      7017 Engle Rd

      OFFICE BUILDING • 41,546 SF
      7017 Engle Rd, Middleburg Heights, OH 44130
      View Details
    • Value Estimation
      $1,190,000
      68,744 SF

      6908 Engle Rd

      OFFICE BUILDING • 68,744 SF
      6908 Engle Rd, Middleburg Heights, OH 44130-3459
      View Details
    • Value Estimation
      $575,000
      18,456 SF

      7300 Engle Rd

      OFFICE BUILDING • 18,456 SF
      7300 Engle Rd, Middleburg Heights, OH 44130-3429
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33,338 SF

      Parma Office Building For Sale

      33,338 SF office building available in Parma, Ohio.
      12965 Corporate Dr, Parma, OH 44130
      View Details
    • $1,440,000
      3.15 Acres

      Middleburg Heights Commercial Building For Sale

      Renovated commercial building with income and development potential.
      18820 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • $35,000
      Pending

      Parma Buildable Lot For Sale

      Buildable 0.49-acre lot in Parma with all available utilities.
      12939 W Pleasant Valley Rd, Cleveland, OH 44130
      View Details
    • Contact for pricing
      1.14 Acres

      Commercial Land in Middleburg Heights

      Commercial land for lease in prime Middleburg Heights location.
      7280 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • $400,000
      3.06 Acres

      Middleburg Heights Commercial Land Opportunity

      3+ acre commercial land for development in Middleburg Heights, OH.
      7364 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      1.00 Acre

      Pearl Plaza Commercial Land

      Prime Middleburg Heights land, build-to-suit.
      6850 Pearl Rd, Middleburg Heights, OH 44130
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      12,000 SF

      Freestanding Office Building For Rent

      12,000 SF office building with private offices and parking.
      7510 E Pleasant Valley Rd, Independence, OH 44130
      View Details
    • $15 SF/Yr
      3,600 SF

      Office Space with Sprague Road Signage

      Versatile office space with ample parking and easy highway access.
      16560-16570 Commerce Ct, Middleburg Heights, OH 44130
      View Details
    • $11 SF/Yr
      4,600 SF

      Middleburg Heights Office Space Available

      Office space for rent with high visibility and ample parking.
      6886 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • $21 SF/Yr
      2,450 SF

      Middleburg Heights Medical Office Space

      Prime Medical Office Suites Available
      18660 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • $17 SF/Yr
      55,236 SF

      Islander I Office Building: Middleburg Heights

      Modern Office Suites, Abundant Amenities
      7550 Lucerne Dr, Middleburg Heights, OH 44130
      View Details
    • $12 SF/Yr
      10,000 SF

      Middleburg Heights Office/Medical Space

      Professional office/medical space with excellent signage and parking.
      7029 Pearl Rd, Middleburg Heights, OH 44130
      View Details
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    Middleburg Heights, OH 44130-3440
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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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