27059 Ctr Rdg Rd Westlake, OH 44145-4064
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.
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property 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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.