Technical
Financial
Distress signals
Property profile

3950 Ben Hur Ave Willoughby, OH 44094

FOR SALE
Warehouses
Property ID
US66-1569422
72,492 SF 2.98 ac lot Built 1997
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Dolan Limited Building, located at 3950 Ben Hur Ave in Willoughby, OH 44094, offers 21,113 square feet of flexible office space across three suites. This Class B building, constructed in 1965 and situated on 1.8 acres of land in Lake County's Willoughby submarket, provides a unique blend of classic and modern aesthetics. Available spaces range from 1,700 to 6,450 square feet, catering to diverse business needs. Some suites boast recently renovated interiors with contemporary finishes and updated amenities, while others retain their original mid-century charm. The building's adaptable layout allows for build-to-suit options, enabling tenants to create customized workspaces tailored to their specific requirements. The property's multiple-unit availability presents an opportunity to lease the entire building for a single tenant's use, offering significant space and configuration possibilities. This location provides easy access to local amenities and transportation networks. The building is suitable for coworking, traditional office, creative office, executive office, and medical office uses.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Construction WOOD
Total area 72,492 SF
Lot 2.98 ac (129,809 SF)
APN 27-B-033-G-00-007-0
UPID US66-1569422

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
  • Auto Parts Store Waste Management Facility
  • Auto Parts Store Waste Management Facility
  • Recycling Center Waste Management Facility
  • Construction Company General Contractor
  • Association Or Organization

Location

3950 Ben Hur Ave Willoughby, OH 44094
Willoughby metro Census 201500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.36M
Blend (final) Blend
$810k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $4.3M +7.3%

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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