24300 Chagrin Blvd Beachwood, OH 44122
Property profile & analytics
24300 Chagrin Blvd Beachwood, OH 44122
- Office buildings
- 26,903 SF
- 1.10 lot acres
Property ID
US66-1248048
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
- Office buildings
Property Details for 24300 Chagrin Blvd
- Year built
- 1971
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.10 lot acres
- Property size
- 26,903 SF
- Zone code
- U-7A
- Property type
- Office buildings
- APN
- 742-25-013
- APU
- 74225013
Description
This exceptional three-story office and retail building, located at 24300 Chagrin Blvd in Cuyahoga County, presents a compelling investment opportunity. The 26,903 square foot building, constructed in 1971 of masonry, boasts a Class B rating and is currently fully leased. The property sits on a 1.102-acre lot and features convenient access to Interstate 271, enhancing its appeal to both tenants and investors. The building includes an elevator for easy access to all three floors. Ample parking is provided with 88 total spaces, including 75 free surface parking spaces. The zoning designation is U-7A. Currently, one retail space of 1,165 square feet is available. The building's multiple tenancy structure offers diversification and potential for future income growth. The property's APN is 74225013. This well-maintained building represents a solid investment in a desirable location with strong potential for long-term returns. The building's solid construction and convenient location make it an attractive option for a variety of businesses. The availability of a retail space presents an immediate opportunity for additional income generation. This property is an excellent choice for investors seeking a stable, income-producing asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,155,000
- ML approach
- $2,285,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,395,000
Market price range: $1.63M - $4.31M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,955,000 Current use
- MEDICAL BUILDING
- $2,950,000 Change: -0% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,850,000 Change: -4% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,515,000 Change: -15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,445,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Beachwood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5071
- Latitude
- 41.464
- 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
$54,608
$174,720
$491,750
$666,470
-
$499,200
$1,405,000
$1,904,200
