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    444 Newell St Painesville, OH 44077

    For Sale
    Contact for pricing

    8,199 SF industrial building on 1 AC, built in 1980.

    Property size:
    8,199 SF
    Lot size:
    0.68 Acres

    Property Features for 444 Newell St

    General Information

    Size
    8,199 SF
    Lot size
    0.68 Acres

    Source: Hanna Commercial Real Estate | Cleveland Agent Gregory B. West

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

    Overview

    Freestanding Industrial Building For Sale

    This is a freestanding industrial building constructed in 1980, offering 8,199 square feet of space on a 1-acre lot. The property is zoned M-2 Industrial and features one drive-in door. It is equipped with 480/3 phase power.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    Welcome to Lake County Mini Storage, Blackbrook Self Storage, ROLL OFF, INC.

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2661715
    Latitude
    41.7195135

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    FAQs

    What type of property is this?
    Warehouse - 8,199 SF industrial building on 1 AC, built in 1980.
    Where is this warehouse located?
    The property is located at 444 Newell St Painesville, OH.
    What are key features of this property?
    This property features: - Freestanding industrial building; - Zoned M-2 Industrial, allowing for a variety of uses; - 8,199 SF of versatile space
    (216) 861-7200
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    444 Newell St Painesville, OH 44077
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    Painesville, OH 44077
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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
    444 Newell St Painesville, OH 44077
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