23645 Mercantile RdBeachwood, OH 44122

  • Industrial properties
  • 73,500 SF
For Lease
$6/SF/YR View listing

Property Details for 23645 Mercantile Rd

Year built
1974
Construction
TYPE NOT SPECIFIED
Lot size
4.97 AC
Property size (Sq ft)
73,500 SF
Zone code
U-8
Property type
Industrial properties
Property subtype
Other warehouses
APN
742-24-022
APU
74224022

Description

This exceptional Beachwood, Ohio office property, known as Mercantile Business Park, offers a prime location at 23645 Mercantile Rd, 44122, within the desirable Beachwood submarket of Cuyahoga County. The property encompasses a total of 86,000 square feet and features a blend of executive office and open bullpen/showroom spaces, ideal for a variety of business needs. Currently, there are two suites available, with a minimum divisible space of 9,000 square feet and a maximum contiguous space of 16,360 square feet. A total of 25,360 square feet is currently vacant, presenting a significant opportunity for expansion or relocation. Built in 1975, the property sits on a 2.32-acre lot and includes one loading dock, catering to efficient logistics. The property's classification as both office and industrial makes it versatile and suitable for a range of businesses. This is a multi-tenant building offering flexible space options to accommodate diverse business requirements. The property's strategic location in Beachwood offers excellent access to major transportation routes and amenities, making it an attractive option for businesses seeking a high-profile address. Inquire today to explore the leasing opportunities available at this well-situated and versatile commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,134,842
    Hospitality
    $13,863,434
    Educational
    $11,534,214
    Medical
    $11,930,894
    Retail
    $17,942,110
23645 Mercantile Rd, Beachwood, Ohio
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Location Insight

City
Beachwood
County
Cuyahoga
State
Ohio
Latitude
41.4597
Longitude
-81.5079
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
$89,943
$358,090
$764,120
$1,122,210
-
$1,023,100
$2,183,200
$3,206,300

FAQs

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