23709 Center Ridge Rd Westlake, OH 44145
Property Lookup
Property profile & analytics
23709 Center Ridge Rd Westlake, OH 44145
- Retail space
- 11,320 SF
- 1.61 lot acres
Property ID
US66-0496720
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 23709 Center Ridge Rd
- Year built
- 1998
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.61 lot acres
- Property size
- 11,320 SF
- Zone code
- GB
- Property type
- Retail space
- APN
- 214-28-001
- APU
- 21428001
Description
This exceptional retail property, located at 23709 Center Ridge Rd in Westlake, Ohio, offers 11,320 square feet of commercial space on a 1.61-acre lot. Currently, 2,893 square feet is available for lease, presenting a fantastic opportunity for a growing business. The property is situated in Cuyahoga County, zip code 44145, and benefits from its high-traffic location within a thriving commercial area. The building's multiple tenancy structure provides a diverse and vibrant atmosphere. The available space is ideal for a variety of retail uses, offering ample room for expansion and growth. The property's prime location ensures high visibility and accessibility for customers. This is a rare opportunity to secure a well-positioned retail space in a desirable Westlake location. The substantial lot size provides ample parking and potential for future development. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. The property is available for lease and offers a unique chance to establish or expand a business in a bustling commercial environment. Don't miss this chance to secure a prime retail space in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,805,000
- 6.5%
- $1,665,000
- 7%
- $1,545,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,268,000
- AI Estimate
- $1,442,000
Market price range: $337k - $1.27MMarket price range: $242k - $1.47M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,020,000
- OFFICE BUILDING
- $1,620,000
- APARTMENT HOUSE (5+ UNITS)
- $1,250,000
- MEDICAL BUILDING
- $1,240,000
- NEIGHBORHOOD: SHOPPING CENTER
- $1,200,000
- COMMERCIAL (GENERAL)
- $1,060,000
- AUTO REPAIR, GARAGE
- $1,030,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Westlake
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8825
- Latitude
- 41.4559
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,123
$405,020
$331,980
$737,000
-
$1,157,200
$948,500
$2,105,700
