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    1935 337Th St Eastlake, OH 44095

    For Sale
    $445,000

    Prime Eastlake Investment Opportunity: 4,450 SF, Multi-Tenant.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a well-maintained, multi-tenant industrial building located at 1935 E 337th Street in Eastlake, Ohio. The property encompasses a total of 4,450 square feet and sits on a 0.38-acre lot, providing ample space for multiple tenants and operations. The building currently boasts existing leases extending through April 2025, with a one-year option available, ensuring a steady stream of income for the new owner. Approximately 18 parking spaces are available, offering convenient access for tenants and their clients. A comprehensive 2023 appraisal of the property is included in the sale, providing valuable insight into the property's current market value. Detailed rent rolls and lease agreements will be provided to qualified buyers upon request, allowing for a thorough due diligence process. This property represents a strong investment opportunity in a desirable Eastlake location, offering both immediate income and long-term potential. The building's excellent condition and existing leases make this a low-risk, high-reward investment prospect. Serious inquiries are encouraged to explore this promising opportunity further. Contact the listing agent for more information and to schedule a showing.

    Property Features for 1935 337Th St

    General Information

    Property type
    Industrial properties
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastlake
    County
    Lake
    State
    Ohio
    Longitude
    -81.4477
    Latitude
    41.6279

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    FAQs

    What type of property is this?
    Industrial property - Prime Eastlake Investment Opportunity: 4,450 SF, Multi-Tenant.
    Where is this industrial property located?
    The property is located at 1935 337Th St Eastlake, OH.
    What is the asking price?
    The asking price for this property is $445,000.
    (440) 255-5500
    Request Owner's contact information
    1935 337Th St Eastlake, OH 44095
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    Eastlake, OH 44095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1935 337Th St Eastlake, OH 44095
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