25855 Chagrin BlvdBeachwood, OH 44122

  • Automotive properties
  • 2,542 SF

Property Details for 25855 Chagrin Blvd

Year built
1968
Construction
TYPE NOT SPECIFIED
Lot size
3.89 AC
Property size (Sq ft)
2,542 SF
Zone code
U-9
Property type
Automotive properties
APN
742-20-018
APU
74220018

Description

This exceptional retail opportunity presents two single-story buildings totaling 33,800 square feet situated on a 3.56-acre lot in the thriving city of Beachwood, Ohio. Built in 2025, this property boasts a prime location at the intersection of I-271 and Chagrin Boulevard, benefiting from high daily traffic exceeding 152,000 vehicles. The property features 209 total parking spaces, ensuring ample convenience for customers and employees. Currently, six retail spaces are available, ranging from 4,950 to 5,400 square feet, ideal for a variety of businesses. The property's strategic location within a commercial hub, surrounded by businesses, hotels, and offices, provides excellent visibility and accessibility. Its proximity to major highways, including I-480 and I-90, facilitates easy access for both local and regional customers. Beachwood's reputation for a stable and thriving business environment further enhances the investment potential of this property. The property's APN is 742-20-018, located in Cuyahoga County and has a cross street of Enterprise Place. This is a rare opportunity to establish a presence in a high-traffic, high-demand area with strong demographics.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $564,863
    6.5%
    $521,412
    7%
    $484,168
  • Comparable approach

    Method
    Valuation
    Relative Method
    $247,290
    Geo Method
    $247,290
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,063,070
    Mixed-Use / Specialty
    $500,859
    Hospitality / Lodging
    $343,125
    Office
    $478,412
    Institutional / Educational
    $514,010
    Residential Income
    $601,392
    Multifamily
    $824,914
    Automotive / Energy
    $440,580
    Parking / Income-Based Land
    $170,508
    Restaurant / Food Service
    $220,603
    Healthcare / Senior Housing
    $532,792

Location Insight

City
Beachwood
County
Cuyahoga
State
Ohio
Latitude
41.465
Longitude
-81.4958
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
$143,933
$1,097,180
$689,990
$1,787,170
-
$3,134,800
$1,971,400
$5,106,200

FAQs

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