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    16077 Industrial Pkwy Middlefield, OH 44062

    For Lease
    $7,500,000

    Industrial property offering MHE charging, generators, and server room.

    Property size:
    196,414 SF
    Lot size:
    10.88 Acres

    Property Features for 16077 Industrial Pkwy

    General Information

    Size
    196,414 SF
    Lot size
    10.88 Acres

    Source: Colliers | Cleveland Agent Conor Toomey

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

    Overview

    Industrial Property with Unique Features

    This industrial property offers 196414 square feet of space. It includes a MHE charging station, heated gutters and downspouts, generators, and a server room. Interior roof access is available. Recent concrete repairs were completed in 2023 and 2024. The surrounding area within a 3-mile radius has a median age of 35.2 years, with 42.9% of the workforce classified as blue-collar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnsonite Distribution Center Corporate Office

    Suggested Use

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

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

    Similar Places Nearby

    Middlefield Home & Bus Storage, Art Bin

    Location Insight

    • Map
    • Local Demand
    City
    Middlefield
    County
    Geauga
    State
    Ohio
    Longitude
    -81.064141
    Latitude
    41.452897

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    FAQs

    What type of property is this?
    Warehouse - Industrial property offering MHE charging, generators, and server room.
    Where is this warehouse located?
    The property is located at 16077 Industrial Pkwy Middlefield, OH.
    What are key features of this property?
    This property features: - Generators on site; - MHE Charging Station available; - Heated gutters/downspouts installed
    (440) 539-9649
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    16077 Industrial Pkwy Middlefield, OH 44062
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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
    16077 Industrial Pkwy Middlefield, OH 44062
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