2322 22Nd StCleveland, OH 44115

  • Medical offices
  • 58,236 SF
For Lease
$23.50/SF/YR View listing

Property Details for 2322 22Nd St

Year built
1984
Construction
TYPE NOT SPECIFIED
Lot size
4.80 AC
Property size (Sq ft)
58,236 SF
Zone code
GR
Property type
Medical offices
Property subtype
Medical centers
APN
103-26-012
APU
10326012

Description

This exceptional Class A office building, located at 2322 E 22nd St in Cleveland, Ohio, offers a variety of executive office suites for lease. Built in 1984, this three-story building boasts a total of 51,481 square feet, with 18,745 square feet currently available. The property is situated in Cuyahoga County, zip code 44115, and provides convenient access to various amenities. Multiple tenancy options are available, catering to businesses of all sizes. Individual suites range from a minimum of 811 square feet to a maximum contiguous space of 4,322 square feet, offering flexibility for diverse needs. The building features ample parking with 25 spaces available for tenants and visitors. This is an excellent opportunity for businesses seeking a prestigious and well-maintained office space in a thriving Cleveland location. The property's "A" class designation reflects its high-quality construction and modern amenities. Interested parties are encouraged to inquire about available spaces and lease terms. The building's strategic location in Cuyahoga County ensures easy access to major transportation routes and a vibrant business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,476,652
    6.5%
    $9,670,755
    7%
    $8,979,987
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,447,396
    Geo Method
    $5,447,396
  • Alternative Use

    Use
    Valuation
    Residential
    $11,991,737
    Hospitality
    $10,984,366
    Educational
    $9,138,864
    Medical
    $9,453,163
    Retail
    $14,216,011

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4965
Longitude
-81.6753
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
$199,244
$768,390
$1,226,610
$1,995,000
-
$2,195,400
$3,504,600
$5,700,000

FAQs

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