3663 Park DrBeachwood, OH 44122
- Hospitality properties
- 41,686 SF
Property Details for 3663 Park Dr
- Year built
- 1977
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 9.98 AC
- Property size (Sq ft)
- 41,686 SF
- Zone code
- U-9
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 742-29-017
- APU
- 74229017
Description
This exceptional retail property, located at 3663 Park E Dr in Beachwood, Ohio (zip code 44122), offers a total of 937,601 square feet of leasable space. Situated on a generous 10-acre lot in Cuyahoga County, this multi-tenant building presents a unique opportunity for businesses seeking flexible space options. The property is currently 100% vacant, providing a blank canvas for a diverse range of retail concepts. Units are available in sizes ranging from a minimum of 310 square feet to a maximum contiguous space of 137,250 square feet, catering to a wide spectrum of tenant needs and business scales. The property's prime location in Beachwood offers excellent visibility and accessibility, ensuring high foot traffic and strong potential for business growth. This is an unparalleled opportunity to establish a presence in a thriving retail market. The property is categorized as retail and is ready for immediate occupancy. Contact us today to learn more about leasing opportunities and explore the possibilities this expansive retail center offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,517,964
- 6.5%
- $7,862,736
- 7%
- $7,301,112
-
Comparable approach
- Method
- Valuation
- Relative Method
- $9,163,375
- Geo Method
- $9,163,375
-
Alternative Use
- Use
- Valuation
- Residential
- $8,583,823
- Hospitality
- $7,862,736
- Educational
- $6,541,704
- Medical
- $6,766,684
- Retail
- $10,175,984
Location Insight
- City
- Beachwood
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.4604
- Longitude
- -81.4928
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].