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    3655 Orange Pl Beachwood, OH 44122-4401
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    Property profile & analytics

    3655 Orange Pl, Beachwood, OH 44122-4401

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    • Turn key restaurants
    • 7,534 SF
    • 2.26 lot acres
    Off-Market
    Last Sale Jun 8, 2022
    $5,450,000
    Property ID
    US66-2020878
    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
    $4,840,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3655 Orange Pl

    Year built
    1983
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.26 lot acres
    Zone code
    U-4A
    Property type
    Turn key restaurants
    APN
    901-01-064
    APU
    90101064

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 26, 2022 — Luxone LLC — Deed · related $650k · The Bartkowski Family Trust
    Jun 8, 2022 $5,450,000 Luxone LLC Balco Realty LLC Limited Warranty Deed $2.9M · Five Points Bank Of Hastings
    Jul 3, 2019 $5,000,000 Balco Realty LLC Spirit Master Funding Ix LLC Grant Deed $3M · Pnc Bk
    Dec 29, 2014 $3,439,029 Spirit Master Funding Ix LLC Red Lobster Hospitality LLC Grant Deed · related —
    Aug 6, 2014 $2,925,880 Red Lobster Hospitality LLC N & D Restaurants INC Grant Deed —
    Feb 18, 2009 — N & D Restaurants INC Gmri INC Warranty Deed · related —

    Description

    This exceptional 2.25-acre property presents a unique opportunity for a single-tenant restaurant or retail operation, or a combination of both. Ideally situated between the Chagrin Boulevard and Harvard Road interchanges on I-271, this location boasts approximately 300 feet of frontage, providing excellent visibility and accessibility. The site is zoned U-4A Motorist Service District, allowing for flexible use and development options. This high-traffic area is part of one of Ohio's most desirable trade areas, known for its affluent demographics and strong consumer spending. Nearby businesses include established high-end retailers such as REI, Whole Foods, Silverspot Cinema, Tiffany & Co., Apple, and a soon-to-open Restoration Hardware (a 20 million dollar addition opening March 2024). The property's strategic location is further enhanced by its proximity to a new Porsche dealership (6-acre site) and the Pinecrest shopping center. Future development in the immediate vicinity includes an approved single-family residential development behind the site and an approved development of over 200 units for residents 55 and older at Harvard and Orange Place. This presents a compelling investment opportunity in a thriving and upscale community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,175,000
      ML approach
      $4,285,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Beachwood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4873
    Latitude
    41.4597
    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
    $69,631
    $344,860
    $388,400
    $733,260
    -
    $985,300
    $1,109,700
    $2,095,000
    More about this property
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