6060 Parkland BlvdMayfield Heights, OH 44124

  • Office properties
  • 65,584 SF
For Lease
$15/SF/YR View listing

Property Details for 6060 Parkland Blvd

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
6.38 AC
Property size (Sq ft)
65,584 SF
Zone code
U-7
Property type
Office properties
Property subtype
Office buildings
APN
863-18-001
APU
86318001

Description

This exceptional Class A executive office space, located at 6060 Parkland Boulevard in Mayfield Heights, Ohio, offers a substantial 13,000 square feet of vacant space within a 15,842 square foot building. Situated on a generous 6.83-acre lot, this single-tenant property presents a unique opportunity for businesses seeking a prestigious and spacious location. Built in 1989, the building boasts high-quality finishes and amenities typical of Class A construction. The property is ideally suited for a company requiring a significant amount of office space in a prime location within Cuyahoga County. The address is easily accessible and benefits from excellent visibility. This sublease opportunity provides immediate occupancy for a qualified tenant. The property's size and location make it an attractive option for companies seeking to establish or expand their presence in the Mayfield Heights area. The ample parking and expansive lot size offer significant advantages. Detailed specifications and lease terms are available upon request. This is a single-tenant occupancy property. The zip code is 44124.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,798,556
    6.5%
    $10,890,975
    7%
    $10,113,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,134,728
    Geo Method
    $6,134,728
  • Alternative Use

    Use
    Valuation
    Residential
    $13,504,809
    Hospitality
    $12,370,333
    Educational
    $10,291,971
    Medical
    $10,645,928
    Retail
    $16,009,733
6060 Parkland Blvd, Mayfield Heights, Ohio

Location Insight

City
Mayfield Heights
County
Cuyahoga
State
Ohio
Latitude
41.5065
Longitude
-81.4574
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
$232,717
$583,170
$1,991,290
$2,574,460
-
$1,666,200
$5,689,400
$7,355,600

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