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
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Chagrin Blvd Beachwood, OH 44122
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Chagrin Blvd Beachwood, OH 44122
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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