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    Property profile & analytics
    OFF-MARKET Estimated value $1,220,000
    Medical Office Space

    8550 138th Ln, Lady Lake, FL 32159-8957

    3,520 SF 0.13 ac lot Built 2017
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US18-5735750
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located within the Woodiebrook Gables Shopping Center in Chardon, Ohio. The property boasts a convenient South Street location, just one mile south of the Chardon Square and a short five-mile drive south of Route 44 and Interstate 90, ensuring high visibility and accessibility for customers. The single-story building, constructed in 1995, sits on a substantial 9.3-acre lot and is zoned PUD/PRD. Currently, one retail space of 1,760 square feet is available for lease. The property is classified as Class B and is part of an established shopping center with a diverse mix of tenants including Cleveland Catholic Charities, Cleats Club Seat Grille, TNT Tanning, Ohio License Bureau, and Guys Pizza, creating a strong synergistic environment. While the building itself has no designated parking spaces listed, the ample lot size and established shopping center context suggest sufficient parking is available. The property's APN is 10-009103, and it is located in Geauga County. This presents a unique chance to establish or expand a retail business in a thriving community. The property's location and existing tenant mix offer significant potential for success.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2017
    Construction CONCRETE
    Total area 3,520 SF
    Lot 0.13 ac (5,663 SF)
    APN D01-113
    UPID US18-5735750
    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
    • AdventHealth Medical Professional Building Medical Clinic
    • Oaks Professional Center Medical Clinic
    • Dr. Hemwattie Shantie Jaimangal, DO Physician
    • Anette Nieves, MD Physician Medical Clinic
    • Pedro Arroyo, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.32M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    8550 Ne 138th Lane Bldg 600 INC · 4 yrs held
    8550 Ne 138th Lane Bldg 600 INC
    since 2021
    Last sale
    $1.2M
    4 recorded transactions
    2021
    $1.2M
    2020
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.2M +483.6%
    Office building $900,000 +354.9%
    Commercial (general) $800,000 +305.1%
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