Property profile

2101 Richmond Rd 2111 Beachwood, OH 44122

OFF-MARKET
Super regional malls
Property ID
US66-1109592
65,610 SF 5.06 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 65,610 SF
Lot 5.06 ac (220,457 SF)
Zoning code U-4A
APN 741-24-017
UPID US66-1109592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Gym & Fitness Center
  • Dental Office
  • Law Firm
  • Foster Care Service Social Service Agency

Location

2101 Richmond Rd, Unit 2111 Beachwood, OH 44122-1391
Beachwood metro Census 131104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.33M

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2004
$25,575
2003
Price N/A
1969
Price N/A

Zoning & alternative use

U-4A · Beachwood, OH
Zoning description

Buildings and land in a Class U-4A District shall be used and buildings shall be designed, created, altered or intended only for the uses specifically designated as Class U-4A uses in Section 1111.02 , except that other…

General category COMMERCIAL
Top alternative use upside
Restaurant $11.1M +66.5%
Office building $7.2M +8.5%
Medical building $7.1M +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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