5900 Landerbrook DrMayfield Heights, OH 44124

  • Office buildings
  • 112,882 SF
For Lease
$22/SF/YR View listing

Property Details for 5900 Landerbrook Dr

Year built
1998
Construction
TYPE NOT SPECIFIED
Lot size
20.03 AC
Property size (Sq ft)
112,882 SF
Zone code
U-7
Property type
Office buildings
APN
861-30-029
APU
86130029

Description

This exceptional Class A office space, located within the prestigious Landerbrook Office Park in Mayfield Heights, Ohio, offers a variety of move-in ready suites. The Landerbrook Corporate Center I building, constructed in 1997, boasts a total of 114,403 square feet of prime office space. Multiple tenancy options are available, with spaces ranging from a minimum of 1,685 square feet to a maximum contiguous space of 22,716 square feet. Currently, there are 21,365 square feet of vacant space ready for immediate occupancy. The building's address is 5900 Landerbrook Drive, Mayfield Heights, OH 44124. This location provides easy access to major transportation routes, making it an ideal location for businesses of all sizes. The executive office suites are designed to meet the needs of modern businesses, offering a professional and efficient work environment. Whether your company requires a small, efficient space or a larger, more expansive layout, Landerbrook Corporate Center I provides flexible options to accommodate your specific requirements. The building's prime location and modern amenities make it an attractive option for businesses seeking a high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,307,462
    6.5%
    $18,745,350
    7%
    $17,406,396
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,558,982
    Geo Method
    $10,558,982
  • Alternative Use

    Use
    Valuation
    Residential
    $23,244,234
    Hospitality
    $21,291,594
    Educational
    $17,714,356
    Medical
    $18,323,580
    Retail
    $27,555,664

Location Insight

City
Mayfield Heights
County
Cuyahoga
State
Ohio
Latitude
41.5034
Longitude
-81.4663
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
$870,046
$1,832,250
$7,792,750
$9,625,000
-
$5,235,000
$22,265,000
$27,500,000

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