7466 Auburn RdPainesville, OH 44077

Property Details for 7466 Auburn Rd

Year built

1990

Construction

WOOD

Lot size

0.90 AC

Property size (Sq ft)

8,012 SF

Zone code

S

Property type

Office properties

Property subtype

Office buildings

APN

08-A-019-0-00-015-0

APU

08A0190000150

Description

This exceptional 1,000-square-foot executive office suite is available for lease in a desirable Painesville, Ohio location. Situated at 7466 Auburn Rd #A 5, this single-tenant space is part of a two-story building constructed in 1990 and extensively renovated in 2024. The property boasts a convenient 0.73-acre lot size and offers ample parking with 32 spaces available. The building features an elevator for easy access to all floors. This suite benefits from high visibility due to its proximity to I-90 and a freeway exit, ensuring excellent exposure for your business. The property is zoned B1, making it suitable for a variety of professional uses, including law, accounting, financial institutions, and other professional services. All utilities are included. The property's address is 7466 Auburn Rd, Concord, OH 44077, within Lake County (APN: 08-A-019-0-00-015-0). Its strategic location provides quick access to Route 44 and I-90, offering unparalleled convenience for clients and employees. This is a fantastic opportunity to establish your business in a highly visible and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,441,358

  6.5%

  $1,330,484

  7%

  $1,235,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $749,442

  Geo Method

  $749,442

• Alternative Use

  Use

  Valuation

  Residential

  $1,649,801

  Hospitality

  $1,511,209

  Educational

  $1,257,308

  Medical

  $1,300,548

  Retail

  $1,955,812

Location Insight

City

Concord Township

County

Lake

State

Ohio

Latitude

41.6691

Longitude

-81.2442

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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