5145 Brecksville RdRichfield, OH 44286

  • Office buildings
  • 13,109 SF
For Lease
$10/SF/YR View listing

Property Details for 5145 Brecksville Rd

Year built
2002
Lot size
3.42 AC
Property size (Sq ft)
13,109 SF
Property type
Office buildings
APN
50-02995
APU
5002995

Description

This exceptional commercial property at 5145 Brecksville Road in Richfield, Ohio, offers a unique blend of office and flex space, ideal for a variety of businesses. The building totals 12,025 square feet and is situated on Brecksville Road, providing convenient access to Interstates 77 and 80. The property features multiple tenancies, with spaces ranging from a minimum of 2,405 square feet to a maximum contiguous space of 12,025 square feet. Currently, there is 22,790 square feet available for lease. The building boasts excellent functionality with 5 loading docks and 5 drive-in bays, catering to businesses with significant logistical needs. Its location offers easy access to amenities and is conveniently close to the New Valor Acres development. This property presents a compelling opportunity for businesses seeking a versatile and strategically located space in the thriving Richfield market. The address is 5145 Brecksville Rd, Richfield, OH 44286.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,493,032
    6.5%
    $2,301,260
    7%
    $2,136,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,226,216
    Geo Method
    $1,226,216
  • Alternative Use

    Use
    Valuation
    Residential
    $2,853,563
    Hospitality
    $2,613,848
    Educational
    $2,174,691
    Medical
    $2,249,482
    Retail
    $3,382,853

Location Insight

City
Richfield
County
Summit
State
Ohio
Latitude
41.2744
Longitude
-81.6232
CBSA code
10420
CBSA name
AKRON, 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
$33,342
$107,160
$508,870
$616,030
-
$306,170
$1,453,900
$1,760,070

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