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    FOR LEASE
    Medical Office Space

    18660 Bagley Rd, Middleburg Heights, OH 44130

    29,960 SF 2.12 ac lot Built 1976
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US66-1388542
    Property summary
    AI-generated overview

    This exceptional medical office campus in Middleburg Heights, Ohio, offers 17 suites within a 2,450 square foot building. Located at 18660 Bagley Rd, 44130, this property boasts a highly desirable location directly across from Southwest General Health Center, a major 352-bed hospital featuring nationally recognized physicians and advanced medical technology. The building offers multiple tenancy options, with suites ranging from a minimum of 265 square feet to a maximum contiguous space of 2,450 square feet. Fifteen suites are currently available, providing flexibility for practices of various sizes. This presents a unique opportunity for medical professionals seeking a prominent location with excellent visibility and convenient access to a large patient base. The building's strategic placement ensures high traffic and exposure, making it an ideal setting for establishing or expanding a medical practice. The property's proximity to a comprehensive hospital further enhances its appeal, offering potential for synergistic collaborations and referrals. This is a rare chance to secure space in a thriving medical hub. Inquire today to learn more about available suite sizes and lease terms.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1976
    Construction CONCRETE
    Total area 29,960 SF
    Lot 2.12 ac (92,400 SF)
    Zoning code OB
    APN 371-09-004
    UPID US66-1388542
    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
    $3.90M
    CAP Approach CAP
    $5.62M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.22M
    Owner & transaction history
    Altera Middleburg Medical Arts LLC · 4 yrs held
    Altera Middleburg Medical Arts LLC
    since 2022
    Last sale
    $4.7M
    6 recorded transactions
    2022
    $4.7M
    2008
    $1.8M
    1998
    1969
    1969
    1969
    Zoning & alternative use
    OB · Middleburg Heights, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.1M +55.2%
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