21100 Southgate Park Blvd Maple Heights, OH 44137
- Medical offices
- 38,280 SF
- 1.90 lot acres
Current Use by Public Records
- Medical offices
Property Details for 21100 Southgate Park Blvd
- Year built
- 1960
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.90 lot acres
- Property size
- 38,280 SF
- Zone code
- GC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 783-22-004
- APU
- 78322004
Description
This exceptional five-story, Class B office building, located at 21100 Southgate Park Blvd in Maple Heights, Ohio, offers 96,232 square feet of versatile space ideal for medical, traditional, or executive office uses. Built in 1960 and situated on 3.6 acres, the property boasts a single building with ample parking (291 spaces) and convenient elevator access. Its strategic location in the Cleveland East submarket, specifically the Maple Heights, Warrensville Heights, and Garfield Heights cluster, provides immediate access to the I-480 and I-271 interchange, ensuring easy commutes for employees and clients. The building is currently available for multiple tenants and features a private entrance. While a full build-out is required, the below-market rent makes this a highly attractive opportunity. This property presents a unique chance to establish a presence in a thriving Cuyahoga County location. The property's address is 21100 Southgate Park Blvd, Maple Heights, OH 44137.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,100,000
- 6.5%
- $1,795,000
- 7%
- $2,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,720,000
- Geo Method
- $1,870,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,750,000
- Retail
- $1,815,000
- Mixed-Use
- $2,105,000
- Hospitality
- $1,730,000
- Educational
- $2,080,000
- Residential Income
- $1,985,000
- Energy
- $1,740,000
- Income-Based Land
- $2,195,000
- Food Service
- $2,285,000
Location Insight
- Map
- Local Demand
- City
- Maple Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5314
- Latitude
- 41.414
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA