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Property profile

23700 Mercantile Rd Beachwood, OH 44122

OFF-MARKET
Office buildings
Property ID
US66-6180086
5,520 SF 3.81 ac lot Built 1970
Last sale Apr 2017 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$62k
Tax billed · 2023
Assessed value$769k
Assessed land$245k
Assessed improvement$525k
Effective rate8.06%

Value estimate

· Oct 2026
$680k
$612k – $748k
AI approach$680k
Submarket $/SF estimate$885k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
U-8
It is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial...
General categoryMIXED_USE
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 Shop9.7
HVAC Service9.6
Convenience Store9.5

Location

23700 Mercantile Rd Beachwood, OH 44122-5900
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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
20515 Shaker, Shaker Heights, OH 44122-2664 $955,000 May 2025 6,221 SF
18810 Harvard, Cleveland, OH 44122-6848 $5,396,600 Sep 2024 5,859 SF
21515 Chagrin, Beachwood, OH 44122-5339 $500,000 Oct 2023 7,254 SF
23900 Commerce, Beachwood, OH 44122-5822 $1,000,000 May 2023 9,165 SF
23700 Commerce, Beachwood, OH 44122-5827 $3,650,000 May 2020 3,192 SF
23905 Mercantile, Beachwood, OH 44122-5925 $1,732,000 Dec 2019 2,995 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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