Property summary
The property is an 18,961-square-foot office building constructed in 2008, located in Bedford. It is divided into two distinct office units with a layout designed to support multiple occupants or separate tenancy. The building includes a substantial on-site solar array used to generate most of the electricity consumed onsite. It offers on-site parking and is situated approximately a 12-minute drive from the I-271 Chagrin Boulevard exit, providing access to regional transportation routes. The building’s utility costs and performance have been tracked historically, with reported utility expense for 2023 of $3,527.64.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I…
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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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
I-2 · Bedford, OH1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 in Bedford, OH.
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