New search
Property profile & analytics
FOR LEASE
Office buildings
25800 Science Park Dr, Beachwood, OH 44122
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-1108809
For Lease
$9,660,000
25800 Science Park Dr, Beachwood, OH 44122
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
TYPE NOT SPECIFIED
Total area
86,729 SF
Lot
4.46 ac (194,291 SF)
Zoning code
U-8A
APN
742-18-009
UPID
US66-1108809
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.76M
Blend (final)
Blend
$9.66M
Owner & transaction history
Corporate Place Cleveland LP · 10 yrs held
Corporate Place Cleveland LP
since 2015
4 recorded transactions
Zoning & alternative use
U-8A · Beachwood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.6M
+53.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beachwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beachwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,530,000
Current use
RESTAURANT
$14,630,000
Change: +53% · Conversion: Moderate
MEDICAL BUILDING
$9,425,000
Change: -1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,785,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,715,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$9.66M
Range $8.69M – $10.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$262,417
Tax year 2023
Assessed value
$3,272,510
Assessed 2023
Previous assessed
$3,272,510
+0.0% YoY
Effective rate
8.02%
On assessed value
Assessed land
$565,780
Assessed improvement
$2,706,730
Land market value
$1,616,500
Improvement market value
$7,733,500
Total market value
$9,350,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Bathrooms
3
Total area
86,729 SF
Lot
4.46 ac (194,291 SF)
Zoning code
U-8A
APN
742-18-009
UPID
US66-1108809
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-8A · Beachwood, OH
Zoning U-8A · permitted uses
U-8A · Beachwood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beachwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.5M
RESTAURANT
Est. value
$14.6M
MEDICAL BUILDING
Est. value
$9.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$7.7M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Bathrooms
3
Lot
4.46 ac
Current owner
From public records · entity-resolved
Corporate Place Cleveland LP
Entity
Mailing address
6 W 37TH ST, NEW YORK, NY 10018-7401
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
Corporate Place Cleveland LP
—
Deed
related
$6,000,000 · Enterprise Bank & Trust
Aug 19, 2015
$9,350,000
Corporate Place Cleveland LP
Lsref2 Oreo 2 LLC
Grant Deed
$7,012,500 · Citigroup Global Markets Rlty
Mar 20, 2007
—
Gotham King Fee Owner LLC
Duke Realty Ohio
Grant Deed
$135,000,000 · Lehman Brothers Bank Fsb
—
—
Ldref2 Oreo 2 LLC
—
Loan Modification
related
$706,664,758 · Citibank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
