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Property profile & analytics
OFF-MARKET Estimated value $15,690,000
Office buildings

5900 Landerbrook Dr 5920 Mayfield Heights, OH 44124-4020

112,882 SF 20.03 ac lot Built 1998
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US66-2003634
Property summary
AI-generated overview

This exceptional Class A office space, located within the prestigious Landerbrook Office Park in Mayfield Heights, Ohio, offers a variety of move-in ready suites. The Landerbrook Corporate Center I building, constructed in 1997, boasts a total of 114,403 square feet of prime office space. Multiple tenancy options are available, with spaces ranging from a minimum of 1,685 square feet to a maximum contiguous space of 22,716 square feet. Currently, there are 21,365 square feet of vacant space ready for immediate occupancy. The building's address is 5900 Landerbrook Drive, Mayfield Heights, OH 44124. This location provides easy access to major transportation routes, making it an ideal location for businesses of all sizes. The executive office suites are designed to meet the needs of modern businesses, offering a professional and efficient work environment. Whether your company requires a small, efficient space or a larger, more expansive layout, Landerbrook Corporate Center I provides flexible options to accommodate your specific requirements. The building's prime location and modern amenities make it an attractive option for businesses seeking a high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 112,882 SF
Lot 20.03 ac (872,506 SF)
Zoning code U-7
APN 861-30-029
UPID US66-2003634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$18.88M
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.69M
Owner & transaction history
Shelbourne Cleveland East LLC · 9 yrs held
Shelbourne Cleveland East LLC
since 2017
5 recorded transactions
2017
$29.7M
2013
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
U-7 · Mayfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $20.1M +9.4%
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