Technical
Financial
Distress signals
Property profile

7757 Auburn Rd Concord Township, OH 44077

OFF-MARKET
Flex space
Property ID
US66-0638595
16,000 SF 6.05 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot office space, situated at 7757 Auburn Road in Concord Township, Ohio, presents a unique opportunity for businesses seeking a versatile and well-appointed workspace. The single-story building offers a blend of private and collaborative areas, perfectly suited for companies requiring both individual focus and team interaction. The layout includes eight private offices, providing ample space for individual work or executive suites. A dedicated conference room facilitates meetings and presentations, while two open bullpens offer flexible space for cubicles, accommodating a team-oriented work style. Three bathrooms and a convenient breakroom add to the overall functionality and comfort of the space. The property's location in Lake County offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This traditional office space is also adaptable to medical or creative office uses, making it a highly versatile option for a variety of businesses. The 4,000 square feet of vacant space is immediately available for lease, offering a turnkey solution for businesses seeking to establish or expand their operations in a thriving Concord Township location. The property is ideal for companies seeking a balance between private offices and collaborative workspaces.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1990
Total area 16,000 SF
Lot 6.05 ac (263,538 SF)
APN 08-A-020-0-00-036-0
UPID US66-0638595

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
  • Factory Production Facility
  • Medical Billing Service
  • Importer Coffee Store
  • Carpet Cleaning Service Gutter Cleaning Service
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

7757 Auburn Rd Concord Township, OH 44077-9609
Concord Township metro Census 205100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.34M

Owner & transaction history

since 2024
Last sale
$2.3M
5 recorded transactions
2024
$2.3M
2018
Price N/A
2018
Price N/A
1999
$2.7M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.9M +313.9%
Office building $1.4M +103.2%

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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