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Property summary
This exceptional 8,596 square foot commercial building presents a unique investment opportunity in the thriving Westlake, OH market. Strategically situated between Crocker Park and Great Northern Mall, this property enjoys high visibility and accessibility, benefiting from significant foot and vehicle traffic. The building sits on a sizable 0.86-acre lot, offering ample space for expansion or future development. Recently undergoing a complete demolition and framing, the interior is entirely customizable, providing a blank slate for any commercial venture. Whether you envision a modern office space, a retail establishment, or a flexible mixed-use development, this property offers unparalleled adaptability. The building's prime location and substantial size make it an ideal choice for businesses seeking a prominent presence in a high-demand area. The absence of existing interior finishes allows for complete design freedom, enabling the creation of a space perfectly tailored to specific business needs. This is a rare chance to acquire a substantial commercial property in a highly desirable location, ready for immediate development and occupancy. The potential for return on investment is significant, given the property's size, location, and the current market demand. Don't miss this opportunity to secure a prime commercial asset in Westlake.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Office Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Westlake market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OB · Westlake, OHOffice Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OB in Westlake, OH.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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