8111 Quincy AveCleveland, OH 44104
- Warehouses
- 83,722 SF
For Lease
Property Details for 8111 Quincy Ave
- Year built
- 2001
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.52 AC
- Property size (Sq ft)
- 83,722 SF
- Zone code
- LR
- Property type
- Warehouses
- APN
- 119-26-004
- APU
- 11926004
Description
This exceptional Cleveland office building, located at 8111 Quincy Ave (cross streets: East 82nd Street), offers a diverse range of workspace options. The single, four-story building, totaling 63,000 square feet, is classified as Class C and was built in 2001. It sits on a 2.53-acre lot and is zoned for General Commercial use. The property is ideally suited for various business types, including traditional office, executive suites, creative office spaces, and coworking arrangements. Multiple tenancy options are available, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 21,000 square feet
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $37,930,300
- 6.5%
- $35,012,600
- 7%
- $32,511,700
-
Comparable approach
- Method
- Valuation
- Relative Method
- $12,530,200
- Geo Method
- $12,530,200
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $17,173,000
- Mixed-Use / Specialty
- $16,496,000
- Hospitality / Lodging
- $11,301,000
- Office
- $15,756,700
- Institutional / Educational
- $16,929,200
- Residential Income
- $19,807,100
- Multifamily
- $27,168,900
- Automotive / Energy
- $14,510,700
- Parking / Income-Based Land
- $5,615,780
- Restaurant / Food Service
- $7,265,680
- Healthcare / Senior Housing
- $17,547,800
Location Insight
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.4938
- Longitude
- -81.6319
- 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
-
$57,750
$2,311,120
$2,368,870
-
$165,000
$6,603,200
$6,768,200
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].