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Financial
Distress signals
Property profile

22901 Millcreek Blvd Highland Hills, OH 44122

FOR LEASE
Office buildings
Property ID
US66-0131298
200,974 SF 15.57 ac lot Built 2000
Last sale Jun 2017 · $24,169
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Suite 150 provides approximately 2,958 square feet of office space within a professionally managed building. The suite is located in a position intended to support high visibility and is within a property that includes on-site amenities such as food service and a fitness center, as well as secured underground parking. The building is situated near I-271 with access to major highways and arterial roadways.

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?
$645k
Tax billed · 2023
Assessed value$5.86M
Assessed land$926k
Assessed improvement$4.93M
Effective rate11.01%

Value estimate

· Oct 2026
$17.19M
$15.47M – $18.91M
Submarket $/SF estimate$21.05M
NOI build-up
Gross scheduled income$187k
Vacancy & credit loss−$46k
Operating expenses−$35k
NOI · 441,300.00% cap applied$106k

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?
441,300.00%
$106k 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?
MPUD
It is the purpose of this district is to promote the public health, safety, and welfare by providing for the regulation of planned office...
General categoryPLANNED_DEVELOPMENT
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 Shop16.6
Building Supply14.1
Auto Parts Store14.0

Location

22901 Millcreek Blvd Highland Hills, OH 44122
County assessor Recorded deeds · 7 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
23250 Chagrin, Beachwood, OH 44122-5470 $1,927,222 Aug 2022 60,460 SF
3000 Auburn, Beachwood, OH 44122-4335 $19,500,000 Apr 2022 117,285 SF
2000 Auburn, Beachwood, OH 44122-4314 $19,500,000 Apr 2022 116,714 SF
3601 Grn, Beachwood, OH 44122-5725 $2,750,000 Feb 2022 36,624 SF
20820 Chagrin, Shaker Heights, OH 44122-5323 $1,250,000 Jun 2020 37,677 SF
24200 Chagrin, Beachwood, OH 44122-5550 $5,253,000 Jan 2020 37,864 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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