36445 Biltmore PlWilloughby, OH 44094

  • Office properties
  • 6,876 SF
For Sale
$885,000 View listing

Property Details for 36445 Biltmore Pl

Year built
1999
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
6,876 SF
Property type
Office properties
Property subtype
Other office properties
APN
27-A-013-H-00-001-0
APU
27A013H000010

Description

This exceptional 4,600 square foot medical office space is available for lease in Willoughby, Ohio. Located at 36445 Biltmore Place, this single-tenant building offers a versatile layout ideal for a variety of medical practices, including dental, aesthetics, psychology, or general office uses. The property boasts a spacious interior with a generous 16-foot ceiling height, providing ample room for comfortable patient care and efficient workflow. The entire 4,600 square feet is currently vacant, presenting a unique opportunity for a business to customize the space to perfectly meet its specific needs. Situated in Lake County, this prime location offers convenient access to major transportation routes and a thriving community. The building's single-tenant occupancy ensures privacy and control over the entire space. This is an excellent opportunity for a growing medical practice seeking a modern, well-appointed office in a desirable location. The property is ready for immediate occupancy, allowing for a quick and seamless transition for your business. Interested parties are encouraged to inquire for further details and scheduling a viewing. The address is 36445 Biltmore Place, Willoughby, OH 44094.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,236,992
    6.5%
    $1,141,839
    7%
    $1,060,279
  • Comparable approach

    Method
    Valuation
    Relative Method
    $643,181
    Geo Method
    $643,181
  • Alternative Use

    Use
    Valuation
    Residential
    $1,415,880
    Hospitality
    $1,296,938
    Educational
    $1,079,038
    Medical
    $1,116,147
    Retail
    $1,678,503
36445 Biltmore Pl, Willoughby, Ohio

Location Insight

City
Willoughby
County
Lake
State
Ohio
Latitude
41.633
Longitude
-81.4274
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,754
$13,050
$72,280
$85,330
-
$37,280
$206,520
$243,800

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