Technical
Financial
Distress signals
Property profile

3587 Lee Rd Shaker Heights, OH 44120

OFF-MARKET
Office buildings
Property ID
US66-5325816
2,200 SF 0.14 ac lot Built 1956
Entity Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Construction TYPE NOT SPECIFIED
Total area 2,200 SF
Lot 0.14 ac (6,255 SF)
Zoning code C3
APN 735-27-022
UPID US66-5325816

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Security Service
  • Accounting Firm Tax Preparation

Location

3587 Lee Rd Shaker Heights, OH 44120-5101
Shaker Heights metro Census 183604 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2008
7 recorded transactions
2008
$80,000
1998
$115,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · Shaker Heights, OH
Zoning description

District is to provide an environment for a range of business enterprises such as small scale research, distributing and technical uses that do not produce environmental impacts or nuisances or otherwise create nuisances…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3587 Lee Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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