17747 Chillicothe RdChagrin Falls, OH 44023

Property Details for 17747 Chillicothe Rd

Year built

1986

Lot size

0.84 AC

Property size (Sq ft)

20,235 SF

Property type

Office properties

Property subtype

Office buildings

APN

02-255510

APU

2255510

Description

This exceptional two-story Class B medical office building, situated on a 1.47-acre lot in Chagrin Falls, Ohio, presents a rare opportunity. Built in 1986, the property boasts approximately 20,000 square feet of space and offers excellent freeway visibility with immediate access to Route 422 on Chillicothe Road. Currently, two suites are available for lease, measuring 914 and 2,489 square feet, respectively, making it ideal for a variety of medical practices. The building features ample parking with 91 spaces available. The property is zoned CB and benefits from prominent monument signage opportunities, enhancing visibility and brand recognition. The address is 17747 Chillicothe Rd, Chagrin Falls, OH 44023, with APN numbers 02-255510 and 02-420902 in Geauga County. This is a multi-tenant building with a single structure. The property's location and amenities make it an attractive option for medical professionals seeking a well-established and easily accessible location. Inquire today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,735,967

  6.5%

  $3,448,584

  7%

  $3,202,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,892,782

  Geo Method

  $1,892,782

• Alternative Use

  Use

  Valuation

  Residential

  $4,276,245

  Hospitality

  $3,917,017

  Educational

  $3,258,912

  Medical

  $3,370,992

  Retail

  $5,069,420

Location Insight

City

Chagrin Falls

County

Geauga

State

Ohio

Latitude

41.3866

Longitude

-81.3387

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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