Property profile

23366 Commerce Park Beachwood, OH 44122

OFF-MARKET
Office buildings
Property ID
US66-1935773
12,932 SF 1.39 ac lot Built 1971
Individually Owned ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 12,932 SF
Lot 1.39 ac (60,367 SF)
Zoning code U-8
APN 742-22-017
UPID US66-1935773

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
  • Real Estate Agency
  • Corporate Office Business Park
  • Insurance Agency
  • Property Management Company

Location

23366 Commerce Park Beachwood, OH 44122-5850
Beachwood metro Census 131105 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$653k
Blend (final) Blend
$600k

Owner & transaction history

since 2025
7 recorded transactions
2025
$725,800
2022
Price N/A
2021
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A
1969
Price N/A

Zoning & alternative use

U-8 · Beachwood, OH
Zoning description

It is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial park as a High-Density Mixed-Use Development District in order to create jobs and…

General category MIXED_USE

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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