23611 Chagrin BlvdBeachwood, OH 44122

Property Details for 23611 Chagrin Blvd

Lot size

0.62 AC

Zone code

U-7A

Property type

Office properties

Property subtype

Office buildings

APN

742-14-026

APU

74214026

Description

Chagrin Plaza West, a Class B office and retail building located at 23611 Chagrin Boulevard in Shaker Heights, Ohio, presents a unique investment opportunity. This single, three-story building, constructed in 1973, sits on a 6.288-acre lot and is zoned U-7A. The property features a total of one building with multiple suites available for lease. Currently, one office space of 902 square feet is available. The building's location in the desirable Beachwood area offers convenient access to major highways, including I-271 and I-480, providing excellent commuting options. Its proximity to numerous hotels, restaurants, retailers, and shopping centers such as Pinecrest, Village Square Shopping Center, Harvard Park, and Orange Plaza, enhances its appeal and provides employees and clients with a wide array of amenities. The property's Cuyahoga County location, with a zip code of 44122, and its address in Shaker Heights, Ohio, offer a prestigious business address. The property's APN numbers are 74214026, 74215011, and 74215036. While the total number of suites is not specified, the available space offers a chance to establish a presence in a well-located and convenient commercial setting. The building offers efficient office suites ranging in size from 360 to 4,805 square feet, many in move-in condition.

• CAP approach

  CAP return

  Valuation

  6%

  $4,842,906

  6.5%

  $4,470,374

  7%

  $4,151,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,518,097

  Geo Method

  $2,518,097

• Alternative Use

  Use

  Valuation

  Residential

  $5,543,264

  Hospitality

  $5,077,600

  Educational

  $4,224,504

  Medical

  $4,369,791

  Retail

  $6,571,450

Location Insight

City

Beachwood

County

Cuyahoga

State

Ohio

Latitude

41.4648

Longitude

-81.5117

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].