Technical
Financial
Distress signals
Property profile

8391 East Washington St Chagrin Falls, OH 44023

FOR LEASE
Banks
Property ID
US66-1304314
6,820 SF 1.45 ac lot Built 1996
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This single-story, 6,243 square foot Class B office building is situated on a 1.45-acre lot in Bainbridge, Ohio, within Geauga County. Built in 1996, the property offers a single, immediately available executive office suite of 3,274 square feet. The building is conveniently located just two miles from both Downtown Chagrin Falls and Route 422, ensuring excellent accessibility. The location boasts a wealth of nearby amenities, including Heinen's grocery store, PNC Bank, Panera Bread, Dunkin', Ace Hardware, Aladdin's Eatery, CVS, and Jersey Mike's Subs, providing employees and clients with numerous convenient options. The property is ideal for businesses seeking a well-maintained, easily accessible office space in a vibrant and convenient location. The address is 8391 E Washington Street, Chagrin Falls, OH 44023. The property features multiple tenancies, with the available space representing a significant portion of the building's total square footage.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1996
Total area 6,820 SF
Lot 1.45 ac (63,162 SF)
APN 02-419485
UPID US66-1304314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8391 East Washington St Chagrin Falls, OH 44023
Chagrin Falls metro Census 311700 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2020
Price N/A
2014
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message