Property summary
This exceptional single-tenant office building, situated on a 0.93-acre lot in Middleburg Heights, Ohio, presents a compelling owner-user opportunity. Boasting 10,132 square feet, the property features 14 private offices, two conference rooms, a dedicated copy room, and a convenient kitchen. A significant advantage is the inclusion of a small warehouse space complete with a drive-in door, adding versatility and functionality. Constructed in 1970, this Class B building is a single-story structure zoned for general business use, providing flexibility for various commercial applications. Its prime location on Freeway Circle offers unparalleled access to major transportation arteries, including I-71, I-80 (Ohio Turnpike), and I-480, ensuring seamless connectivity throughout the region. The property's proximity to downtown Cleveland (13 miles) and Cleveland-Hopkins International Airport (3 miles) further enhances its strategic value. This is an ideal investment for businesses seeking a well-appointed space with excellent accessibility and ample room for growth. The property is priced at $899,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The general business district provides areas for a variety of business establishments engaged in retail sales, services, office, medical, recreation and other related permitted land uses serving both a local and regional…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GB · Middleburg Heights, OHThe general business district provides areas for a variety of business establishments engaged in retail sales, services, office, medical, recreation and other related permitted land uses serving both a local and regional…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for GB in Middleburg Heights, OH.
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