29225 Chagrin BlvdBeachwood, OH 44122

  • Office properties
  • 35,835 SF
For Lease
$20/SF/YR View listing

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
29225 Chagrin Blvd, Beachwood, Ohio

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

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
$129,500
$318,500
$1,239,630
$1,558,130
-
$910,000
$3,541,800
$4,451,800

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