34501 Aurora RdSolon, OH 44139

Property Details for 34501 Aurora Rd

Year built

1979

Construction

TYPE NOT SPECIFIED

Lot size

2.29 AC

Property size (Sq ft)

26,490 SF

Zone code

O-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

954-29-016

APU

95429016

Description

This exceptional 991-square-foot Class A medical office suite is located at 34501 Aurora Rd #306, Solon, OH 44139, in Cuyahoga County. Built in 1979, this single-tenant space is ideally suited for medical professionals. The suite boasts multiple exam rooms and a surgical recovery area, along with two private entrances. A move-in-ready, fully equipped option is available. The building features ADA-compliant common areas, his-and-hers restrooms on each floor, and two private waiting rooms. Professional cleaning is included in the common area maintenance (CAM) charge. This high-visibility location enjoys over 15,000 vehicles passing daily and benefits from excellent surrounding amenities, including nearby pharmacies and urgent care facilities within a 2-mile radius. Ample parking and convenient bus access are also available. The property's strong location is supported by favorable demographics, including a median household income of $116,000 and a robust 25-54 age demographic within a 3-mile radius. Nearby businesses include Solon Smiles Dentistry and the soon-to-open Simply Greek restaurant. This presents a turnkey opportunity for medical practices seeking a prime Solon location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,890,470

  6.5%

  $4,514,280

  7%

  $4,191,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,477,874

  Geo Method

  $2,477,874

• Alternative Use

  Use

  Valuation

  Residential

  $5,597,707

  Hospitality

  $5,127,470

  Educational

  $4,265,994

  Medical

  $4,412,708

  Retail

  $6,635,991

Location Insight

City

Solon

County

Cuyahoga

State

Ohio

Latitude

41.3839

Longitude

-81.4331

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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