8437 Mayfield Rd - Office FOR SALE


Chesterland, OH 44026
$797,000 USD
216-406-0476
8437 Mayfield Rd, Chesterland, OH for Sale
$797,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

8437 Mayfield Rd
Chesterland, OH 44026


HIGHLIGHTS

  • Located near Rt. 322 & Rt. 306 with strong visibility and positioned in desirable Chesterland business district.
  • Traffic counts of approximately 12,000 vehicles/day while surrounded by national retailers and service hubs.

OVERVIEW

Positioned in the heart of Chesterland’s thriving commercial corridor, 8437 Mayfield Rd offers a compelling investment opportunity in Northeast Ohio. This multi-tenant office business park spans approximately 12,000 square feet (excluding basement) and sits on a generous 2.5-acre parcel, providing ample room for future expansion or additional development. Strategically located near the intersection of Rt. 322 and Rt. 306, the site benefits from strong visibility and traffic counts of approximately 12,000 vehicles per day. The surrounding area is anchored by national and regional retailers including Giant Eagle, Drug Mart, McDonald’s, and USPS, enhancing the appeal for tenants and visitors alike. Chesterland’s reputation for stable demographics and business-friendly infrastructure further supports the asset’s long-term value. Whether for an investor seeking stable returns or an owner-user looking to establish a headquarters in a high-demand submarket, this property delivers flexibility, location strength, and upside potential. The existing multi-tenant layout allows for diversified income streams, while the land size opens the door to future development. With proximity to major routes and a vibrant mix of nearby amenities, 8437 Mayfield Rd is a standout opportunity in Geauga County.

FOR SALE DETAILS

PRICE

$797,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chester Business Park

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C

APN/PARCEL ID

11-362800

ASK ABOUT THIS PROPERTY

Patrick DowdSequoia Realty Corp.More Info
216-406-0476

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Patrick DowdSequoia Realty Corp.More Info
216-406-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.