4801 Acorn DrIndependence, OH 44131

  • Healthcare properties
  • 9,976 SF
For Lease

Property Details for 4801 Acorn Dr

Year built
2007
Construction
WOOD
Lot size
1.50 AC
Property size (Sq ft)
9,976 SF
Zone code
U-5
Property type
Healthcare properties
Property subtype
Medical offices
APN
562-29-057
APU
56229057

Description

This exceptional single-tenant medical office building, located at 4801 Acorn Dr in Independence, Ohio, presents a unique leasing opportunity. The property boasts a spacious 3,252 square feet of vacant space, perfectly suited for a variety of medical practices, particularly dentistry. Situated on a generous 1.54-acre lot, the building offers ample parking with 53 spaces available for patients and staff. The single-story, Class B building is zoned U-5, providing flexibility for potential uses within the medical field. The property's convenient location in Cuyahoga County, with a zip code of 44131, ensures easy access for patients and employees. The property features a single tenant occupancy, eliminating the complexities of multi-tenant management. The APN is 56229057. This is an excellent opportunity to establish or expand a medical practice in a desirable location with ample space and parking. The building's single-story design offers convenient accessibility. The property's size and zoning make it an ideal location for a variety of medical uses. Serious inquiries are encouraged to explore this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,794,682
    6.5%
    $1,656,629
    7%
    $1,538,298
  • Comparable approach

    Method
    Valuation
    Relative Method
    $933,155
    Geo Method
    $933,155
  • Alternative Use

    Use
    Valuation
    Residential
    $2,054,220
    Hospitality
    $1,881,655
    Educational
    $1,565,515
    Medical
    $1,619,355
    Retail
    $2,435,245
4801 Acorn Dr, Independence, Ohio

Location Insight

City
Independence
County
Cuyahoga
State
Ohio
Latitude
41.3934
Longitude
-81.6582
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
$30,127
$137,480
$343,770
$481,250
-
$392,800
$982,200
$1,375,000

FAQs

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