Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Flex Warehouse with Multiple Overhead Doors Title is generated by Realmo AI

    1766 E 133rd Street, East Cleveland, OH 44112

    View on Map
    Claim this Listing
    New
    For Lease
    $6,500/Mo $4 SF/Yr (calc)

    COMMERCIAL - East Cleveland, OH

    Property size:
    17,500 SF
    Lot size:
    1.00 Acre
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 1766 E 133rd Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Rooms
    Basement
    Parking
    20
    Parking features
    Parking Lot, Gated, Driveway
    Standard status
    Active
    APN
    671-06-012
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater, Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    1
    Number of units
    3
    Roof type
    Flat

    We can help!

    Listing Contact
    Michael A Ferrante

    Listing agent Michael A Ferrante License #2019005741

    Listing office LPT Realty 7055 Engle Rd., Building 6-601, Middleburg Hts, OH

    Listing date Jun 3, 2026

    MLS# 5215738

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Up to 17,500 SF warehouse/commercial space at 1766 E 133rd St with three leasable warehouse units
    • Three‑phase 400 amp electric service plus ceiling height up to 16 ft for power and high‑bay use
    • Open warehouse areas with multiple overhead doors and concrete floors
    • Public water and public sewer, with flat roof and forced‑air natural gas heat
    • Unit details: Unit 1 ~6,000 SF with partial basement storage and loading ramp access; Unit 2 ~6,240 SF; Unit 3 ~4,660 SF plus ~600 SF attached garage
    • Gated parking and private restroom access; gas heat with new space heaters being installed

    Overview

    The full building at 1766 E 133rd St offers flexible warehouse and commercial space with three leasable units. The facility includes open warehouse areas, concrete floors, overhead lighting, and private restroom access. Gas heat is provided, and new space heaters are being installed. Power users will benefit from a listed 400 amp, 3-phase electric service, with ceiling height noted up to 16 ft.

    Unit 1 includes approximately 6,000 SF plus partial basement storage, with access to the loading ramp, gated parking, and a large overhead door. Unit 2 provides about 6,240 SF with one overhead door. Unit 3 offers roughly 4,660 SF of warehouse space plus an attached garage of about 600 SF, including another overhead door and west-side parking. The property is located in East Cleveland near Hayden and Eddy.

    This configuration can support tenants seeking one larger footprint or smaller, unit-based setups. Full-building tenants may use the combined layout for expanded warehouse, storage, contractor, distribution, automotive, light manufacturing, wholesale, printing, furniture, cabinet, flooring, landscaping, or similar uses, subject to zoning and tenant verification. Buildout may be available with acceptable lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Buzznbtipsy Portable Bartending Service — 457 Arbor Rd, Cleveland, OH 44108

    Location Insight

    • Map
    • Local Demand
    City
    East Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.590647
    Latitude
    41.530314

    Nearby Similar for Lease

    • $2,750/Mo

      Warehouse with Overhead-Door Access

      Renovated warehouse and attached garage suite with overhead-door access and parking on the west side of the building.
      1766 E 133rd Street, East Cleveland, OH 44112
      View Details
    • $2,000/Mo

      Warehouse Space with Overhead Door

      Open warehouse unit in a recently renovated East Cleveland industrial building, with concrete floors and 400-amp 3-phase power.
      1766 E 133rd Street, East Cleveland, OH 44112
      View Details
    • $2,750/Mo

      Warehouse Space with Drive-In Door

      Open warehouse with drive-in overhead door, 400-amp 3-phase power, and private restroom for flexible commercial use.
      1766 E 133rd Street, East Cleveland, OH 44112
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space on Euclid Avenue

      Retail space available in East Cleveland, Ohio.
      14325-14343 Euclid Ave , East Cleveland , OH
      View Details
    • Contact for pricing
      1,000,000 SF

      Historic Nela Park Flex Space

      Versatile flex space in Cleveland's historic Nela Park.
      1975 Noble Rd, East Cleveland, OH 44112
      View Details
    • Contact for pricing
      31,326 SF

      Euclid Avenue Retail Space Available

      Retail spaces for lease at a high-traffic Euclid Avenue plaza.
      14343 Euclid Ave, East Cleveland, OH 44112
      View Details

    FAQs

    What type of property is this?
    Flex space - Flexible East Cleveland warehouse space with multiple overhead doors, concrete floors, and gated parking for varied commercial uses.
    Where is this flex space located?
    The property is located at 1766 E 133rd Street East Cleveland, OH.
    What is the lease rate?
    The lease rate is $6,500 /Mo.
    What are key features of this property?
    This property features: Up to 17,500 SF warehouse/commercial space at 1766 E 133rd St with three leasable warehouse units; Three‑phase 400 amp electric service plus ceiling height up to 16 ft for power and high‑bay use; Open warehouse areas with multiple overhead doors and concrete floors
    (216) 373-7727
    We can help!
    Listing Contact
    Michael A Ferrante
    Real Estate License ID: 2019005741
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1766 E 133rd Street, East Cleveland, OH 44112
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!