15 Park StBedford, OH 44146

Property Details for 15 Park St

Year built

1921

Construction

TYPE NOT SPECIFIED

Lot size

0.21 AC

Property size (Sq ft)

8,126 SF

Zone code

H-D

Property type

Office buildings

APN

812-13-060

APU

81213060

Description

This exceptional 8,126 square foot executive office space is available for lease at 15 North Park Street in Bedford, Ohio. Located in Cuyahoga County, this property offers a unique opportunity for a business seeking a substantial and entirely vacant office building. The entire 8,126 square feet is currently available, providing flexibility for a single tenant to customize the space to their exact specifications or the potential for multiple tenants. The building's address is 15 North Park St, Bedford, OH 44146. The property is classified as an executive office building, suggesting a higher level of finish and amenities than standard office space. Given the complete vacancy, this presents a rare chance to secure a significant office presence in a prime location without the need for extensive renovations or adaptations. The property's size and location in Bedford, Ohio, within Cuyahoga County, offer excellent accessibility and visibility. Interested parties are encouraged to inquire for further details and leasing options. This is a turnkey opportunity for a business seeking immediate occupancy in a substantial and well-situated office building. The property is ready for immediate occupancy and offers a blank canvas for a company to create its ideal workspace. The location provides easy access to major transportation routes and amenities, making it an attractive option for employees and clients alike.

• CAP approach

  CAP return

  Valuation

  6%

  $1,461,867

  6.5%

  $1,349,416

  7%

  $1,253,029

• Comparable approach

  Method

  Valuation

  Relative Method

  $760,106

  Geo Method

  $760,106

• Alternative Use

  Use

  Valuation

  Residential

  $1,673,275

  Hospitality

  $1,532,711

  Educational

  $1,275,198

  Medical

  $1,319,054

  Retail

  $1,983,641

Location Insight

City

Bedford

County

Cuyahoga

State

Ohio

Latitude

41.3908

Longitude

-81.5353

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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