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    Property profile & analytics

    255 Meadowlands Dr Chardon, OH 44024

    • Super regional malls
    • 38,367 SF
    • 5.29 lot acres
    For Lease
    View listing
    Value Estimation
    $4,365,000
    Last Sale
    Nov 28, 2023
    $4,555,000
    Location Intelligence
    Property ID
    US66-1119364
    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.

    Current Use by Public Records

    • Super regional malls

    Property Details for 255 Meadowlands Dr

    Year built
    2007
    Lot size
    5.29 lot acres
    Property size
    38,367 SF
    Property type
    Super regional malls
    APN
    10-165669
    APU
    10165669

    Description

    This exceptional retail opportunity encompasses a 7,400 square foot space situated within a bustling regional shopping center in Chardon, Ohio. Located at 255 Meadowlands Drive, this Class B property, built in 2007, offers a single-story building on a generous 5.29-acre lot. The property is zoned C-4 and features a convenient single-building design. While the exact number of parking spaces is currently unavailable, the property's location within a well-established shopping center ensures ample parking for customers. This prime location benefits from strong regional draw, anchored by major retailers such as Walmart and Home Depot. The center also boasts a diverse mix of co-tenants including Five Below, Dollar Tree, Shoe Department, Game Stop, and Sally Beauty, creating a synergistic environment for businesses. Chardon, the county seat of Geauga County, Ohio, is known for its robust local economy and high household incomes, providing a strong customer base for potential tenants. This property presents a unique chance to establish a thriving retail presence in a highly desirable location. The property's APN is 10-165669. The address is 255 Meadowlands Dr, Chardon, OH 44024.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,465,000
      6.5%
      $4,430,000
      7%
      $4,875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,190,000
      Geo Method
      $5,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,885,000
      Retail
      $3,785,000
      Mixed-Use
      $4,405,000
      Hospitality
      $4,440,000
      Educational
      $4,695,000
      Residential Income
      $3,975,000
      Energy
      $5,140,000
      Income-Based Land
      $4,460,000
      Food Service
      $4,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Chardon
    County
    Geauga
    State
    Ohio
    Longitude
    -81.2253
    Latitude
    41.5877
    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
    $83,620
    $222,180
    $986,410
    $1,208,590
    -
    $634,800
    $2,818,300
    $3,453,100

    Comparable in this City

    • Value Estimation
      $315,000
      11,880 SF

      10823 Mayfield Rd

      SHOPPING CENTER, STRIP CENTER • 11,880 SF
      10823 Mayfield Rd, Chardon, OH 44024-8356
      View Details
    • Value Estimation
      $240,000
      0.39 Acres

      Washington St

      SHOPPING CENTER, STRIP CENTER • 0.39 Acres
      Washington St, Chardon, OH 44024
      View Details
    • Value Estimation by Request
      4,922 SF

      200 Ctr St

      SHOPPING CENTER, STRIP CENTER • 4,922 SF
      200 Ctr St, Chardon, OH 44024-1197
      View Details
    • Value Estimation
      $540,000
      7,428 SF

      325 Ctr St

      SHOPPING CENTER, STRIP CENTER • 7,428 SF
      325 Ctr St, Chardon, OH 44024-1184
      View Details
    • Value Estimation
      $190,000
      0.16 Acres

      Ee Park St

      SHOPPING CENTER, STRIP CENTER • 0.16 Acres
      Ee Park St, Chardon, OH 44024
      View Details
    • Value Estimation by Request
      0.95 Acres

      207 Ctr St

      SHOPPING CENTER, STRIP CENTER • 0.95 Acres
      207 Ctr St, Chardon, OH 44024-1173
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      150,000 SF

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      Chardon Retail Space - 7,400 SF

      Prime retail space in thriving Chardon, OH.
      255 Meadowlands Dr, Chardon, OH 44024
      View Details
    • Contact for pricing
      8,125 SF

      Free Standing Retail Building

      8,125 SF retail building in close proximity to downtown.
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      View Details
    • $1,550 /Mo
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      Chardon Retail Space Available

      1,400 SF retail space suitable for various businesses.
      11850 Mayfield Rd, Chardon, OH 44024
      View Details
    • Contact for pricing
      16,922 SF

      Mayfield Road Retail Plaza

      Prime Retail Space Available Now
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      View Details
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    255 Meadowlands Dr
    Chardon, OH 44024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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