19250 Bagley Rd Middlebrg Hts, OH 44130-3347
- Medical offices
- 14,390 SF
- 4.51 lot acres
Current Use by Public Records
- Medical offices
Property Details for 19250 Bagley Rd
- Year built
- 1995
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.51 lot acres
- Property size
- 14,390 SF
- Zone code
- PF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 371-08-006
- APU
- 37108006
Description
This exceptional 2,500 square foot medical office suite is ideally situated in a single-story complex within the Southwest submarket. Boasting a direct exterior entrance, the space features a welcoming waiting room, reception area, private offices, three spacious therapy or training rooms, a convenient break room, and two in-suite restrooms. The building benefits from strong co-tenancy with established medical providers including The Surgery Center (Southwest General), NOMS Alliance Imaging, Cleveland Urology Associates, and Bayless Pathmark, ensuring high visibility and a thriving medical environment. Prominent building signage opportunities are available. The property enjoys a tranquil setting near Lake Abram Metropark Reservation, offering a pleasant and accessible location. Its strategic position is a significant advantage, being just half a mile from Southwest General Hospital and minutes from major highways I-71, I-80, and I-480, providing access to a substantial population base of 330,242 residents within a 15-minute drive. The entire complex comprises two single-story buildings totaling 24,377 square feet, with 181 parking spaces available. The property sits on 4.511 acres of land and was built in 1995. The asking rent is $18 per square foot, plus utilities and janitorial services. The zoning is PF. Currently, 2,500 square feet are vacant within the larger building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $910,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $890,000
- 6.5%
- $970,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $985,000
- Geo Method
- $1,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,030,000
- Retail
- $965,000
- Mixed-Use
- $1,010,000
- Hospitality
- $990,000
- Educational
- $1,125,000
- Residential Income
- $1,110,000
- Energy
- $950,000
- Income-Based Land
- $1,030,000
- Food Service
- $1,020,000
Location Insight
- Map
- Local Demand
- City
- Middlebrg Hts
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8375
- Latitude
- 41.3743
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
