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Property profile & analytics
FOR LEASE
Medical Office Space

8254 Mayfield Rd Chesterland, OH 44026

16,044 SF 2 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US66-0371054
Property summary
AI-generated overview

This exceptional 2,267 square foot medical office space, located at 8254 Mayfield Road in Chesterland, Ohio, presents a unique investment opportunity. Situated on a 2-acre lot, this single-story Class B building, constructed in 1988, offers a versatile layout ideal for various medical practices. Currently configured as a dental office, Suite 3 boasts six exam rooms, a fully equipped lab, multiple workstations, reception and billing areas, a waiting room, and a staff lounge. High-quality finishes include oak woodwork, tile, and carpeting. The property is zoned C and features the APN 11-239910 within Geauga County. While the current layout is well-suited for dental practices, the space offers significant potential for build-to-suit modifications to accommodate other medical specialties. The property is conveniently located in Chesterland, OH, 44026, and offers multiple tenancy options. While parking spaces are not currently specified, the ample lot size allows for potential expansion or modification to accommodate parking needs. This property represents a compelling opportunity for medical professionals seeking a well-maintained and adaptable space in a desirable location. The existing infrastructure and finishes provide a solid foundation for immediate occupancy or customized renovations. Inquire today to explore the possibilities.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 16,044 SF
Lot 2 ac (87,120 SF)
APN 11-239910
UPID US66-0371054
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
  • Crawshaw Kyle DDS Dental Office
  • KeyBank Bank Loan Service
  • Cleveland Clinic - Chesterland Medical Building Medical Clinic
  • Larisa Gamerman, MD Physician
  • Vincent Dalessandro, DO Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$680k
Blend (final) Blend
$520k
Owner & transaction history
PETRONZIO MANAGEMENT COMPANY LLC
PETRONZIO MANAGEMENT COMPANY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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