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    21845 Drake Rd Strongsville, OH

    For Sale
    $3,253,460

    46,478 SF manufacturing facility with ample space.

    Property size:
    46,478 SF
    Lot size:
    8.00 Acres

    Property Features for 21845 Drake Rd

    General Information

    Size
    46,478 SF
    Lot size
    8.00 Acres

    Source: Lee & Associates | Cleveland Agent Abram Schwarz, SIOR

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

    Overview

    Strongsville Manufacturing Facility on Drake

    This 46,478 square foot manufacturing facility is located on Drake Road within the Strongsville Business & Technology Park. The property includes 4,700 square feet of office space, featuring a reception area, private offices, a conference room, and lab space. It is equipped with an interior truck dock with two dock-high doors. A drive-through bay includes two oversized drive-in doors, each approximately 20 feet wide and 16 feet high. There are also two additional drive-in doors, measuring 14 feet by 14 feet and 14 feet by 16 feet. The clear height within the facility ranges from 20 feet to 30 feet. Situated on a 4-acre lot, the property offers ample space for parking, storage, or expansion. The property is suitable for manufacturing, warehousing, or light industrial operations. It features heavy power, with 1600 Amps, 480 V, 3 Phase.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8552196
    Latitude
    41.3029994

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    FAQs

    What type of property is this?
    Manufacturing property - 46,478 SF manufacturing facility with ample space.
    Where is this manufacturing property located?
    The property is located at 21845 Drake Rd Strongsville, OH.
    What is the asking price?
    The asking price for this property is $3,253,460.
    What are key features of this property?
    This property features: - 46,478 SF manufacturing facility ideal for manufacturing, warehousing, or light industrial operations; - **Heavy Power - 1600 Amps, 480 V, 3 Phase**; - **Drive-through bay with two (2) oversized drive-in doors (approx. 20’ wide x 16’ high)**
    (216) 470-7555
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    21845 Drake Rd Strongsville, OH
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    Strongsville, OH
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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
    21845 Drake Rd Strongsville, OH
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