Flex Warehouse with
12703 Triskett Road Cleveland Cleveland, OH 44111
12703 Triskett Road Cleveland, Cleveland, OH, 44111
$349,900
For Sale
$349,900
Includes a garage/warehouse with first-floor storage and office space plus a second-floor office area with additional storage.
Property Size1,500 SF
Price / SF$233.27
Days on Market8
Property Features for 12703 Triskett Road Cleveland
General Information
- Standard status
- Active
- Size
- 1,500 SF
Building Details
- Year Built
- 1940
Listing Agency
(330) 590-5379
Listed by
Christy Glasson
(330) 590-5379
Source
Akroncantonhomesonline
Added: Jul 9 Checked: Jul 16 at 1:53 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christy Glasson
Investment Insights
Based on property information with market context.
Located on Cleveland’s west side corridor at 12703 Triskett Road, this flexible property is configured for mixed operations with clear separation between work and office space. The building includes an approximately 1,500 SF garage/warehouse, supplemented by additional first-floor storage and office space. The second floor is dedicated entirely to office use and also includes additional storage, supporting efficient day-to-day workflow.
For access, the property is just minutes from the W. 117th Street on-ramp to I-90, offering quick connectivity throughout Greater Cleveland.
Overall, the practical layout combines light warehouse functionality with dedicated office space across two levels, making it well-suited for owner-users or investors seeking flexible commercial space.
For access, the property is just minutes from the W. 117th Street on-ramp to I-90, offering quick connectivity throughout Greater Cleveland.
Overall, the practical layout combines light warehouse functionality with dedicated office space across two levels, making it well-suited for owner-users or investors seeking flexible commercial space.
Key Highlights
- Approximately 1,500 SF garage/warehouse with first‑floor storage and office space
- Second floor is dedicated to office space with additional storage
- Versatile commercial layout with separated warehouse, storage, and office areas
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $19.44 |
| − Vacancy | −$7.3k | −$4.88 |
| EGI | $21.8k | $14.56 |
| − OpEx | −$5.5k | −$3.64 |
| NOI | $16.4k | $10.92 |
1,500 SF · lease $19.44/SF/yr · vacancy 25.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$234.0K
$204.8K – $273.0K
NOI $16,381 @ 7.0% cap · market cap 4.68%
Second Best
Flex RnD
$131.8K
$115.3K – $153.8K
NOI $9,225 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$282.4K
$247.1K – $329.5K
NOI $19,770 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- T&B Catering LLC — 13815 Lorain Ave, Cleveland, OH 44111
- Damas Catering Abu Issam — 13710 Lorain Ave, Cleveland, OH 44111
- Big Kahuna Pineapple Drink Company LLC — 12610 Triskett Rd m19, Cleveland, OH 44111
FAQs
What type of property is this?
Flex space - Includes a garage/warehouse with first-floor storage and office space plus a second-floor office area with additional storage.
Where is this flex space located?
The property is located at 12703 Triskett Road Cleveland Cleveland, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 1,500 SF garage/warehouse with first‑floor storage and office space; Second floor is dedicated to office space with additional storage; Versatile commercial layout with separated warehouse, storage, and office areas
