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    22000 Millcreek Blvd Highland Hills, OH 44105

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    For Lease
    $8 SF/Yr

    New development opportunity with highway access in Northeast Ohio.

    Property size:
    400,000 SF
    Lot size:
    31.00 Acres

    Property Features for 22000 Millcreek Blvd

    General Information

    Size
    400,000 SF
    Lot size
    31.00 Acres

    Source: Cresco Real Estate | Cleveland Agent Rico A. Pietro, SIOR

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

    Overview

    Highland Hills Development Opportunity

    This property presents a new development opportunity within a desirable office, industrial, and commercial submarket in Northeast Ohio. Its strategic location provides convenient access to major highways and transportation hubs, facilitating regional and national product distribution. Millcreek Boulevard offers ingress and egress on both Harvard and Green roads. The property's proximity to suppliers and customers can reduce transportation costs and lead times, which is especially important for just-in-time manufacturing and distribution. Incentives are available for this location. The property is 400000 square feet.
    Location Intelligence

    Current Use by Public Records

    Distribution 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
    Highland Hills
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5197324
    Latitude
    41.4480268

    Nearby Similar for Lease

    • $23 SF/Yr
      9,865 SF

      Office Space in Highland Hills

      Office space available, ranging from 359 to 29,422 SF.
      22901 Millcreek Blvd, Highland Hills, OH 44122
      View Details

    FAQs

    What type of property is this?
    Distribution property - New development opportunity with highway access in Northeast Ohio.
    Where is this distribution property located?
    The property is located at 22000 Millcreek Blvd Highland Hills, OH.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - New development opportunity in a highly desirable commercial submarket.; - Strategic location with easy access to major highways and transportation hubs.; - Potential incentives available.
    (216) 520-1200
    Request Owner's contact information
    22000 Millcreek Blvd Highland Hills, OH 44105
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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
    22000 Millcreek Blvd Highland Hills, OH 44105
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