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    24000 Lakeland Blvd Euclid, OH 44132

    Sponsored
    For Sale
    $995,000

    Spacious industrial building with office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive Euclid, OH industrial property, encompassing 49,696 square feet on a 3.29-acre lot, presents a unique investment opportunity. Priced at $995,000, the building boasts a versatile layout ideal for various industrial applications. The substantial warehouse space features five large bay doors, facilitating efficient loading and unloading of goods. Heavy-duty equipment is easily accommodated thanks to a 10-ton lift and several additional lifts strategically positioned throughout the facility. A dedicated paint station adds to the property's functionality, enhancing its suitability for businesses requiring specialized finishing processes. The seamless integration of office space, conveniently connected to the shop floor via a lift, provides a comfortable and functional environment for administrative tasks and operational oversight. Three boilers ensure reliable and consistent heating throughout the year, minimizing downtime and maximizing productivity. This property offers a compelling combination of heavy industrial capabilities and well-appointed office amenities, making it an attractive prospect for businesses seeking a versatile and efficient workspace. The ample land area provides significant potential for future expansion or outdoor storage. This is a turnkey solution for businesses seeking a ready-to-occupy industrial facility in a prime location.

    Property Features for 24000 Lakeland Blvd

    General Information

    Property type
    Investment properties
    Lot Size
    143,312 SF

    Building Details

    Year Built
    1942
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Euclid
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.51563
    Latitude
    41.59283

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    FAQs

    What type of property is this?
    Investment property - Spacious industrial building with office space.
    Where is this investment property located?
    The property is located at 24000 Lakeland Blvd Euclid, OH.
    What is the asking price?
    The asking price for this property is $995,000.
    (888) 974-7253
    Request Owner's contact information
    24000 Lakeland Blvd Euclid, OH 44132
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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
    24000 Lakeland Blvd Euclid, OH 44132
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