Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6111 Carey Dr Valley View, OH 44125

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3 SF/Yr ($1,400 /Mo)

    Industrial warehouse space for lease in Valley View, Ohio.

    Property size:
    4,800 SF
    Lot size:
    12.08 Acres

    Property Features for 6111 Carey Dr

    General Information

    Size
    4,800 SF
    Lot size
    12.08 Acres

    We can help!

    Listing Contact
    Fred W. Christie, Sior
    Source: Moodyscre

    Listing Agent: Fred W. Christie, Sior

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

    Learn more

    Overview

    Valley View Warehouse Space Available

    This industrial property in Valley View, Ohio, offers warehouse space for lease. The property features brick and block construction, a flat roof, and overhead gas heat. The clear ceiling height within the warehouse is 18 feet. The property is zoned for industrial use. Lease rates are $6.00 per square foot for warehouse space and $12.00 per square foot for office space. The property size is 4,800 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Valley View
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6123738
    Latitude
    41.3963144

    Nearby Similar for Lease

    • $7 SF/Yr
      7,800 SF

      Valley View Industrial Park Opportunity

      Thriving industrial park with renovated office and warehouse space.
      9000 Sweet Valley Dr, Valley View, OH 44125
      View Details
    • $5 SF/Yr
      60,000 SF

      Industrial Warehouse Near Major Highways

      Centrally located industrial property with highway access and manufacturing zoning.
      9450 Allen Rd, Valley View, OH
      View Details
    • $20 SF/Yr
      6,229 SF

      Valley View Office Space Available

      Office space in Valley View's new mixed-use development.
      8111 Rockside Rd, Valley View, OH
      View Details
    • $5,825,820
      89,628 SF

      Valley View Warehouse Space Available

      Functional warehouse space in Valley View's desirable Hub Park.
      7640 Hub Pkwy, Valley View, OH 44125
      View Details
    • $4 SF/Yr
      7,125 SF

      Valley View Flex Warehouse Space

      7,125 SF flex warehouse space available for lease immediately.
      10221 Sweet Vly Rd, Valley View, OH
      View Details
    • $9 SF/Yr
      20,000 SF

      Renovated Multi-Tenant Warehouse Space

      20,000 sq ft Valley View warehouse for lease.
      7500 Wall St, Valley View, OH
      View Details
    • $12 SF/Yr
      2,400 SF

      Finished Office Space Available

      Well-finished office space with utilities included and flexible lease terms.
      7635 Hub Pkwy, Valley View, OH 44125
      View Details
    • $10 SF/Yr
      9,340 SF

      Valley View Flex/Industrial Space

      Flex/Industrial space with high visibility and convenient highway access.
      8001 Sweet Valley Dr, Valley View, OH 44125
      View Details
    • $6 SF/Yr
      15,004 SF

      Office Warehouse Complex For Lease

      Office and warehouse complex with docks and drive-in door.
      7700 Hub Pwky, Valley View, OH
      View Details
    • $9 SF/Yr
      36,000 SF

      Valley View Warehouse Space Available

      36,000 sq ft warehouse for lease in Valley View.
      7777 Wall St, Valley View, OH
      View Details
    • $5 SF/Yr
      33,075 SF

      Valley View Warehouse Space Available

      33,075 SF warehouse space with 24' clear height.
      7825 Hub Pkwy, Valley View, OH 44125
      View Details
    • Contact for pricing
      10,516 SF

      Available Office Space for Rent

      Second floor office space with open layout and ample parking.
      8333 Rockside Rd, Valley View, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space for lease in Valley View, Ohio.
    Where is this warehouse located?
    The property is located at 6111 Carey Dr Valley View, OH.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Zoned industrial, offering versatile usage possibilities.; - Benefit from 18’ clear ceiling height in the warehouse.; - Warehouse lease rate: $6.00/SF.
    (216) 520-1200
    Request Owner's contact information
    6111 Carey Dr Valley View, OH 44125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6111 Carey Dr
    Valley View, OH 44125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6111 Carey Dr Valley View, OH 44125
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Fred W. Christie, Sior
    (216) 520-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.