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    26901 Cannon Rd Bedford Heights, OH 44146-1809
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    Property profile & analytics

    26901 Cannon Rd Bedford Heights, OH 44146-1809


    • Warehouses
    • 26,316 SF
    • 2.08 lot acres
    Off-Market
    Last Sale Mar 3, 2021
    $2,150,000
    Property ID
    US66-1104734
    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.

    Value Estimations
    $2,005,000
    Show details
    Cap Rate Potential
    7.1%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 26901 Cannon Rd

    Year built
    2000
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.08 lot acres
    Property size
    26,316 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    791-13-004
    APU
    79113004

    Description

    This exceptional one-story, Class B office building, totaling 263,016 square feet, presents a significant opportunity in the Bedford Heights/Warrensville Heights submarket of Cuyahoga County. Built in 2000, the property sits on 2.08 acres and offers multiple tenancy options with a maximum contiguous space of 7,021 square feet. The building features 135 parking spaces, providing ample convenience for tenants and visitors. Its strategic location offers easy access to the I-271 and I-480 interchange, ensuring excellent regional connectivity. The property is currently configured as traditional office space but presents potential for flex conversion, catering to a wider range of business needs. A prominent monument signage opportunity exists, enhancing visibility and brand recognition. This substantial property is ideal for a variety of businesses seeking a well-located, spacious, and adaptable office environment in a thriving suburban area. The building's single-story design and substantial parking make it highly functional and attractive to a diverse tenant base. The potential for flex conversion further expands the property's appeal and market reach. This is a rare opportunity to acquire a significant office asset in a desirable location with excellent access to major transportation arteries.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,850,000
      ML approach
      $1,930,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,190,000
      6.5%
      $2,020,000
      7%
      $1,875,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,135,000
      Market price range: $893k - $2.14M
      AI Estimate
      $1,814,000
      Market price range: $489k - $1.81M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,500,000
      Current use
      MEDICAL BUILDING
      $2,860,000
      Change: +91% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,665,000
      Change: +78% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,180,000
      Change: +45% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,945,000
      Change: +30% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4892
    Latitude
    41.41
    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
    $78,230
    $52,050
    $700,460
    $752,510
    -
    $148,700
    $2,001,300
    $2,150,000
    More about this property
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