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    1192 E 40Th St Cleveland, OH 44114

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    For Lease
    $2,400,000

    79,905 SF property with warehouse and office space for lease.

    Property size:
    79,905 SF
    Lot size:
    1.03 Acres

    Property Features for 1192 E 40Th St

    General Information

    Size
    79,905 SF
    Lot size
    1.03 Acres

    Source: Global Real Estate Advisors Agent Timothy Sawicki

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Warehouse with Office Space

    This 79,905± SF property features a brick constructed building with lake and city views. It includes 66,322± SF of warehouse space and a 13,583± SF three-story office component. The office space is divided as follows: 2,397± SF on the 1st floor, 5,593± SF on the 2nd floor, and 5,593± SF on the 3rd floor. Situated on a 1.03± acre corner lot, the property is zoned GI - B3, General Industrial. It is equipped with three loading docks, two drive-in doors (8’x10’ and 16’x12’), and two freight elevators. A dry sprinkler system and a Vector security system are in place. The warehouse has clear ceiling heights ranging from 12’ to 16’. Power is supplied by a 600 amp, 240 volt & 100 amp, 480 volt, 3 phase system, and the property has separately metered utilities (8 meters). Recent upgrades include a newer furnace for the first-floor offices, newer T8 lighting, a newer roof, and newer Reznor heaters in the warehouse. The property is located minutes from downtown Cleveland and all major highways, including State Route 2, Interstates 90, 77, and 71.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BML E40th Street, ... Warehouse The 3rd Floor Club

    Suggested Use

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

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

    Similar Places Nearby

    Iron Mountain, Climate Controlled Auto Storage, The Ware House, Climate Controlled Auto Storage Inc., United Towing Services, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.665821
    Latitude
    41.517542

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    FAQs

    What type of property is this?
    Warehouse - 79,905 SF property with warehouse and office space for lease.
    Where is this warehouse located?
    The property is located at 1192 E 40Th St Cleveland, OH.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Downtown Cleveland and major highways for convenient access.; - Substantial Space: 79,905± SF total, featuring a 66,322± SF warehouse and a 13,583± SF three-story office space.; - Modernized Warehouse: Features a newer roof, newer T8 lighting, and newer Reznor heaters.
    (440) 283-5143
    Request Owner's contact information
    1192 E 40Th St Cleveland, OH 44114
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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
    1192 E 40Th St Cleveland, OH 44114
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