3 Summit Park Dr, Independence, OH 44131 Property Records

Cuyahoga County property record for 3 Summit Park Dr, Independence, OH 44131

Property Summary

Property Type	Office Building
Details	196,944 sqft · built 1989
Lot Size	5.53 acres (241,214 sqft)
Owner	Company Name on File
Last Sale	$26,500,000 (Dec 2014)
Tax Bill	$207,184 (2025)
Deeds & Mortgages	Sep 2018 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`562-32-016`

Property Details

APN / Parcel Number

Primary APN	`562-32-016`

Interior

Stories	6 Stories
Building Area	196,944 sqft Total Area
1st Floor Area	27,461 sqft
2nd Floor Area	27,027 sqft
Upper Floors Area	115,045 sqft
Basement Area	27,461 sqft
Flooring	Concrete/Cement
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1989
Effective Year Built	Effective 2000
Exterior Material	Brick
Fire Resistance	Masonry Walls, Wood Interior
Foundation Type	Concrete
Roof Type	Flat
Roof Material	Composition Shingle
Lot Area	241,214 sqft (5.53 acres)
Lot Width	74.7 ft Width
Lawn Sprinklers	Lawn Sprinklers
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air
Sewer	Storm Sewer
Water Source	Commercial

Location & Zoning

Street Address	3 SUMMIT PARK DR
City	INDEPENDENCE
State	OH
Zip	44131-2599
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Local Zoning Code	U-5
Legal Description	AC5.5375 2008S/R
Legal Subdivision	INDEPENDENCE
Legal Tract	2
Legal Lot Number	2
Jurisdiction	CUYAHOGA OH
Township / Civil Division	INDEPENDENCE
Census Block Group	1
Census Block	1063
Census Tract	156101

Owner

3 Summit Park Dr, a commercial property, is owned by a company that bought it in December 2014.

Source: Cuyahoga County records, as of March 20, 2026

Owner of Record	Company Name on File
Mailing Address	V/L SUMMIT PARK DR, INDEPENDENCE, OH 44131
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 23, 2014 · Amount on File
Deed Sale	Dec 23, 2014 · Amount on File
Prior Sale	Sep 28, 2009
Deed Document Number	0012230564
Record Updated	Jun 8, 2026

September 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	CUYAHOGA OH
Recording Date	Sep 4, 2018
Property Address	3 SUMMIT PARK DR, INDEPENDENCE, OH 44131-2599
Document Number	0009040033
Instrument Date	Aug 31, 2018
Instrument	9040033
Transaction Type	Mortgage
Record Updated	Sep 26, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Partnership
Address	1 WORLD TRADE CTR #83G NEW YORK NY 100070139, 83G, NEW YORK, NY 10007-0139

Mortgage

Document Number	0009040033
Date	Sep 4, 2018
Instrument	9040033

Lender

Name	DEUTSCHE BK AG
Type	Bank
Address	60 WALL ST # 10TH, NEW YORK, NY 10005-2865

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 3 Summit Park Dr was $207,184, down 2.6% from the year before.

Source: Cuyahoga County assessment roll, as of August 1, 2025

Property Jurisdictions

Type	Name
State	Ohio
County	Cuyahoga County
Municipality	Independence City
Unified School District	Independence Local School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$207,184.00 (-2.57%)	$3,508,155 (%) Land $506,555 Building $3,001,600
2024	$212,653.00 (-20.08%)	$3,508,160 (-1.45%) Land $506,560 Building $3,001,600	$10,023,300 Land $1,447,300 Building $8,576,000
2023	$266,078.00 (+19.21%)	$3,559,860 (-) Land $506,560 Building $3,053,300
2022	$223,202.00	$3,559,860 Land $506,560 Building $3,053,300
2021			$10,171,000 Land $1,447,300 Building $8,723,700

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 3 Summit Park Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective December 16, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 27 policies
Nearby Flood Policies	27 in force
Nearby Flood Claims	190 (1979–2020)
Claims Outside the SFHA	12 of 190
Most Recent Claim	Sep 2020 · river or lake flooding
Claims by Event	Severe Storms And Flooding Due To The Remnants Of Hurricane Sandy, Oct 2012 · 7 claims Severe Storms, Tornadoes, Straight Line Winds, And Flooding, Jun 2006 · 22 claims Severe Storms And Flooding, May 2004 · 13 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 3 Summit Park Dr is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 96% of Ohio
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CLEVELAND PUBLIC WATER SYSTEM serves 1,308,955 people · EPA ID OH1801212
Water Source	Surface water
Last State Inspection	Jun 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
AT&T Fixed Wireless · Fiber in parts of the area	100 / 20

May also be available: Breezeline, Cox Communications, Spectrum.

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