29225 Chagrin BlvdBeachwood, OH 44122
- Office properties
- 35,835 SF
Property Details for 29225 Chagrin Blvd
- Year built
- 1979
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.01 AC
- Property size (Sq ft)
- 35,835 SF
- Zone code
- U-3
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 872-17-040
- APU
- 87217040
Description
The Courtlands Building offers exceptional executive office space in a desirable Cuyahoga County location. This Class B, three-story building, constructed in 1979 and extensively renovated in 2021, boasts a total of 33,000 square feet. The property features three suites, with a minimum divisible space of 1,930 square feet and a maximum contiguous space of 7,595 square feet. Currently, there are multiple suites available for lease. The building provides ample parking with 200+ spaces and convenient elevator access. Its prime location offers easy access to premier shopping destinations such as Eton Collection, Harvard Park, and Pinecrest shopping centers. Available spaces offer a combination of perimeter offices, well-appointed conference rooms, and adaptable open work areas, ideal for a variety of business needs. This is a first-class office community, perfect for businesses seeking a sophisticated and convenient location. Immediate occupancy is available for spaces ranging from 1,930 to 7,595 square feet on the third floor.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,446,714
- 6.5%
- $5,950,812
- 7%
- $5,525,754
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,352,006
- Geo Method
- $3,352,006
-
Alternative Use
- Use
- Valuation
- Residential
- $7,379,008
- Hospitality
- $6,759,132
- Educational
- $5,623,518
- Medical
- $5,816,920
- Retail
- $8,747,694
Location Insight
- City
- Beachwood
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.4629
- Longitude
- -81.4722
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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