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Property profile & analytics
FOR LEASE
Super regional malls

255 Meadowlands Dr Chardon, OH 44024

38,367 SF 5.29 ac lot Built 2007
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1119364
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2007
Total area 38,367 SF
Lot 5.29 ac (230,432 SF)
APN 10-165669
UPID US66-1119364
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.72M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.53M
Owner & transaction history
Chardia LLC · 2 yrs held
Chardia LLC
since 2023
Last sale
$4.6M
4 recorded transactions
2023
$4.6M
2021
Price N/A
2014
$3.5M
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $4.1M +267.5%
Commercial (general) $3.0M +174.1%
Office building $3.0M +172.7%
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