22901 Millcreek BlvdHighland Hills, OH 44122

Property Details for 22901 Millcreek Blvd

Year built

2000

Construction

TYPE NOT SPECIFIED

Lot size

15.57 AC

Property size (Sq ft)

200,974 SF

Zone code

MPUD

Property type

Office properties

Property subtype

Office buildings

APN

751-01-021

APU

75101021

Description

Metropolitan Plaza offers exceptional Class A office space in Cuyahoga County. This multi-tenant building boasts a total of 163,105 square feet, with 65,938 square feet currently vacant. Spaces range from a minimum of 359 square feet to a maximum contiguous space of 29,422 square feet, providing flexibility for businesses of various sizes. The building has recently undergone $2 million in common area upgrades, including a modern tenant lounge and a technologically advanced conference center, enhancing the overall tenant experience. Its strategic location provides easy access to major transportation arteries, including I-271 and I-480, and is within two miles of extensive dining and retail options at Pinecrest and Harvard Crossing. Several turnkey suites are available for immediate occupancy, making it an ideal solution for businesses seeking a seamless transition. The building is classified as both Traditional and Creative Office space, catering to a diverse range of professional needs. This prime location and upgraded amenities make Metropolitan Plaza an attractive option for businesses seeking a high-quality, convenient, and well-equipped workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $36,155,208

  6.5%

  $33,374,036

  7%

  $30,990,178

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,799,108

  Geo Method

  $18,799,108

• Alternative Use

  Use

  Valuation

  Residential

  $41,383,804

  Hospitality

  $37,907,344

  Educational

  $31,538,464

  Medical

  $32,623,120

  Retail

  $49,059,836

Location Insight

City

Highland Hills

County

Cuyahoga

State

Ohio

Latitude

41.4497

Longitude

-81.5189

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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