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Property profile

21111 Chagrin Blvd Beachwood, OH 44122

FOR LEASE
Office buildings
Property ID
US66-0317545
32,028 SF 2.03 ac lot Built 1964
Last sale Dec 2019 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space located at 21111 Chagrin Blvd in Beachwood, Ohio, offering 16,946 square feet of rentable area. It is configured as an office unit intended to support business operations and is suitable for use in an office capacity. Details regarding any sublease structure, timing, or terms are not specified.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$525k
Assessed land$154k
Assessed improvement$371k
Effective rate8.14%

Value estimate

· Oct 2026
$1.36M
$1.22M – $1.49M
AI approach$1.11M
Submarket $/SF estimate$1.02M
NOI build-up
Gross scheduled income$321k
Vacancy & credit loss−$79k
Operating expenses−$61k
NOI · 1,212,893.33% cap applied$182k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$60 – $160

Cap rate analysis

How does the asset earn?
1,212,893.33%
$182k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
U-7A
Buildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses...
General categoryRESIDENTIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop20.9
Auto Parts Store16.5
Wholesale Shop14.6

Location

21111 Chagrin Blvd Beachwood, OH 44122
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29325 Chagrin, Beachwood, OH 44122-4600 $2,525,000 May 2024 32,478 SF
23311 Commerce, Beachwood, OH 44122-5810 $1,410,383 Apr 2023 33,600 SF
3601 Grn, Beachwood, OH 44122-5725 $2,750,000 Feb 2022 36,624 SF
25200 Chagrin, Beachwood, OH 44122-5685 $3,272,800 Aug 2021 30,943 SF
24400 Chagrin, Beachwood, OH 44122-5642 $3,208,997 Jul 2020 34,710 SF
29225 Chagrin, Beachwood, OH 44122-4645 $4,800,000 Apr 2020 35,835 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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