Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    27059 Ctr Rdg Rd Westlake, OH 44145-4064
    Back to Search
    Property profile & analytics

    27059 Ctr Rdg Rd, Westlake, OH 44145-4064

    View on Map

    • Medical Office Space
    • 8,596 SF
    • 0.86 lot acres
    Off-Market
    Last Sale Jan 5, 2024
    Property ID
    US66-5887751
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 27059 Ctr Rdg Rd

    Year built
    1962
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.86 lot acres
    Zone code
    OB
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    215-10-005
    APU
    21510005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 5, 2024 — 27059 Center Ridge Road LLC Sanctus Capital LLC Warranty Deed —
    Dec 29, 2023 $600,000 Sanctus Capital LLC Mark R Sating Limited Warranty Deed —
    Nov 7, 2023 — Mark R Sating Robert J Sating JR Intrafamily Transfer · related —
    Jun 17, 2015 — Sating,robert J JR Fam Trust Sating Robert J JR Trust Quit Claim Deed · related —
    Feb 19, 1999 $3,040,000 Wec 98g-29 LLC Rite Aid Of Ohio INC Grant Deed $3M · Legg Mason Real Estate Svcs

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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


    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.9206
    Latitude
    41.4494
    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
    $13,866
    $85,820
    $114,070
    $199,890
    -
    $245,200
    $325,900
    $571,100
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message