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Financial
Distress signals
Property profile

28800 Clemens Rd Westlake, OH 44145

FOR LEASE
Office buildings
Property ID
US66-2491721
23,800 SF 28.81 ac lot Built 1984
Last sale Dec 2025 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of corporate-owned industrial land totaling 40.56 acres in Westlake, Ohio, with an attached office laboratory building of 23,519 square feet. It is situated directly off Interstate 90 at the Crocker Road exit.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value$881k
Assessed land$501k
Assessed improvement$380k
Effective rate6.94%

Value estimate

· Oct 2026
$910k
$819k – $1.00M
CAP approach$5.32M
Submarket $/SF estimate$3.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$100 – $211

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OL
Office Laboratory Districts in close proximity to the freeway system so as to be accessible to widely dispersed administrative and techni...
General categoryUNKNOWN
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.0
Auto Parts Store20.8
Wholesale Shop20.3

Location

28800 Clemens Rd Westlake, OH 44145
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23850 Ctr Rdg, Westlake, OH 44145-4217 $800,000 Aug 2025 9,436 SF
24090 Detroit, Westlake, OH 44145-1513 $3,200,000 Dec 2024 8,598 SF
29570 Clemens, Westlake, OH 44145-1007 $266,000 Oct 2024 25,584 SF
30311 Clemens, Westlake, OH 44145-1023 $614,500 Sep 2024 11,340 SF
29260 Clemens, Westlake, OH 44145-1020 $1,800,000 Oct 2023 23,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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