Technical
Financial
Distress signals
Property profile

23850 Ctr Rdg Rd Westlake, OH 44145

OFF-MARKET
Office buildings
Property ID
US66-2616315
9,436 SF 0.71 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction WOOD
Total area 9,436 SF
Lot 0.71 ac (30,972 SF)
Zoning code OB
APN 214-09-018
UPID US66-2616315

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

23850 Ctr Rdg Rd Westlake, OH 44145-4217
Westlake metro Census 189107 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$565k

Owner & transaction history

since 2025
Last sale
$800,000
7 recorded transactions
2025
$800,000
2018
Price N/A
2016
Price N/A
2015
$562,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OB · Westlake, OH
Zoning description

Office Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.

General category COMMERCIAL

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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