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Property profile & analytics
OFF-MARKET Estimated value $625,000
Medical Office Space

850 Brainard Rd Highland Heights, OH 44143-3146

13,854 SF 1.3 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2591358
Property summary
AI-generated overview

This exceptional 960-square-foot medical office space is available for lease at 850 Brainard Rd, Highland Heights, OH 44143. Located in a high-traffic area, this single-tenant unit offers a versatile layout perfect for a variety of medical or health-related businesses. The space includes two offices/exam rooms, a large conference room/office, a reception area with a client intake window, and a sizable common area with existing desk and filing systems (potentially convertible into additional office space). A shared 400-square-foot lobby with restrooms is also included. The building boasts a diverse tenant mix, currently housing a podiatrist, dentist, physical therapist, and ophthalmologist, creating a synergistic environment. Ample parking is available with 50+ spaces. A leaded X-ray room is available for use (equipment not included). The property features no elevators. Common area maintenance (CAM) charges are $5 per square foot. Showings are by appointment only. This is an excellent opportunity for businesses in the healthcare and self-care sectors, such as estheticians, doctors, in-home care providers, or nutritionists.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 13,854 SF
Lot 1.3 ac (56,832 SF)
Zoning code O-B
APN 822-27-002
UPID US66-2591358
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$625k
Owner & transaction history
850 Brainard Place LLC · 2 yrs held
850 Brainard Place LLC
since 2024
Last sale
$624,000
6 recorded transactions
2024
Price N/A
2017
$624,000
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-B · Highland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is to accommodate office building

Zone name Office Building
General category UNKNOWN
Zone area 4.21 ac
Source Realmo
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