Technical
Financial
Distress signals
Property profile

24200 Chagrin Blvd Beachwood, OH 44122

OFF-MARKET
Office buildings
Property ID
US66-1866124
37,864 SF 2.21 ac lot Built 1974
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 37,864 SF
Lot 2.21 ac (96,428 SF)
Zoning code U-7A
APN 742-25-016
UPID US66-1866124

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
  • Foster Care Service Social Service Agency
  • Pediatrician Physician
  • Medical Clinic
  • Registered General Nurse Professional Services
  • Training Center Tutoring Service

Location

24200 Chagrin Blvd Beachwood, OH 44122-5550
Beachwood metro Census 131105 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.62M
Blend (final) Blend
$6.29M

Owner & transaction history

since 2020
Last sale
$5.3M
7 recorded transactions
2020
$5.3M
2017
Price N/A
2016
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

U-7A · Beachwood, OH
Zoning description

Buildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses specifically designated as Class U-7A uses in Section 1111.02 , except that other…

General category RESIDENTIAL
Top alternative use upside
Restaurant $6.4M +53.5%

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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