30559 Pinetree Rd, Pepper Pike, OH 44124
- Warehouses
- 43,141 SF
- 4.60 lot acres
Current Use by Public Records
- Warehouses
Property Details for 30559 Pinetree Rd
- Year built
- 1989
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.60 lot acres
- Zone code
- U-4
- Property type
- Warehouses
- APN
- 872-21-003
- APU
- 87221003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 1, 2016 | — | Landerwood Consolidated Compan | — | Deed · related | $28.5M · Miscellaneous Ins Co |
| Jul 15, 2016 | — | Landerwood Consolidated Compan | Lander-circle Co | Quit Claim Deed · related | $18.2M · Huntington Nat'l Bk |
| Jul 10, 2009 | — | Hudson Pointe LLC | — | Deed Of Trust · related | $1.8M · Lorain National Bank |
| — | — | Landerwood Consolidated Compan | — | Deed Of Trust · related | $28.5M · Miscellaneous Ins Co |
Description
Landerwood Plaza, located at 30559 Pinetree Road in Pepper Pike, Ohio, offers a diverse range of office spaces ideal for businesses of all sizes. This two-story building, totaling 6,268 square feet, underwent renovations in 2017, ensuring modern amenities and a comfortable work environment. The property is classified as Executive, Creative, and Traditional Office space, catering to a variety of business needs. Currently, there are multiple suites available, with a minimum divisible space of 230 square feet and a maximum contiguous space of 1,564 square feet. A total of 9 spaces are currently available for lease. The building boasts a total of 12,261 suites, indicating a large and established community. With 3,773 square feet currently vacant, there are ample opportunities to find the perfect fit for your business. Situated in Cuyahoga County, this property provides easy access to Cleveland and surrounding areas. The address is 30559 Pinetree Road, Pepper Pike, OH 44124. This is an excellent opportunity to secure prime office space in a well-maintained and conveniently located building.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,520,000
- 6.5%
- $3,250,000
- 7%
- $3,015,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,410,000
- AI Estimate
- $3,375,000
Market price range: $1.07M - $3.70MMarket price range: $839k - $4.79M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,210,000 Current use
- MEDICAL BUILDING
- $4,690,000 Change: +112% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,370,000 Change: +98% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,840,000 Change: +74% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,575,000 Change: +62% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,190,000 Change: +44% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pepper Pike
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4603
- Latitude
- 41.463
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
