24950 Country Club BlvdNorth Olmsted, OH 44070

Property Details for 24950 Country Club Blvd

Year built

1986

Lot size

12.45 AC

Property size (Sq ft)

109,708 SF

Property type

Office properties

Property subtype

Office buildings

APN

236-14-003

APU

23614003

Description

This exceptional North Olmsted, Ohio commercial property, located at 24950-25050 Country Club Blvd, offers a unique blend of office and retail space. The single, four-story building, constructed in 1986, encompasses 155,000 square feet and sits on a generous 12.493-acre lot. Currently zoned MA, this Class B property presents a significant opportunity. While the building has a total of zero listed suites, one space is currently available for lease. The property's Cuyahoga County location (APN 23614003) provides convenient access to major transportation routes. While the marketing materials mention a separate, larger complex, this listing focuses solely on the 155,000 square foot building detailed above. This property is ideal for businesses seeking a substantial presence in a thriving area. The building's features, while not explicitly detailed, are implied to be of high quality, given the context of the marketing materials. Further information regarding specific lease terms and available space is available upon request. This is a prime opportunity to secure a significant commercial footprint in a desirable location. The property's size and location make it suitable for a variety of business types. Interested parties are encouraged to inquire for detailed specifications and lease options.

• CAP approach

  CAP return

  Valuation

  6%

  $19,736,460

  6.5%

  $18,218,272

  7%

  $16,916,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,262,086

  Geo Method

  $10,262,086

• Alternative Use

  Use

  Valuation

  Residential

  $22,590,656

  Hospitality

  $20,692,920

  Educational

  $17,216,266

  Medical

  $17,808,360

  Retail

  $26,780,858

Location Insight

City

North Olmsted

County

Cuyahoga

State

Ohio

Latitude

41.4165

Longitude

-81.899

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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