Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1933 Highland Road Twinsburg, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    62,200 SF industrial warehouse located in Twinsburg, Ohio.

    Type:INDUSTRIAL
    Property size:
    62,200 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $80/SF
    Added:
    May 20, 2022
    Days on Market:
    1442
    Last Refresh:
    Apr 5 at 9:28 pm

    Property Features for 1933 Highland Road

    General Information

    Standard status
    Active
    Size
    62,200 SF
    Lot size
    4.00 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Claire Coyne

    Listing agent Claire Coyne

    Listing office Newmark | Cleveland

    Listing date May 20, 2022

    Source Moodyscre

    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 Newmark | Cleveland

    Overview

    Twinsburg Industrial Warehouse For Sale

    This 62,200 square foot industrial warehouse is located within the Twinsburg Industrial District. Corporate neighbors include Coca-Cola Bottling Co, Commercial Alloys, Rockwell Automation, Day-Glo, and United Stationers. The property is fully leased and is being offered as an investment sale. The current tenant, ESSCO, is operating under a 3-year lease and is required to provide a year's notice prior to vacating. A new roof has been installed with a 20-year warranty through EverGuard, valid until 2037. The property is 100% leased for four years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Total Commerce Solutions Marketing & Advertising ESSCO Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Twinsburg
    County
    Summit
    State
    Ohio
    Longitude
    -81.4563
    Latitude
    41.2994

    Nearby Similar for Sale

    • $1,050,000
      8,660 SF

      Twinsburg Office Building For Sale

      8,660 SF office building with existing rental income.
      2285 E Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • $3,450,000
      32,180 SF

      Twinsburg Business Park For Sale

      Three-building business park in Twinsburg, Ohio, totaling 32,180 SF.
      8054 Darrow Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      4,940 SF

      Retail, Industrial

      2307 E Aurora Road, Suite B-1A, Twinsburg, OH 44087
      View Details
    • $9,697,500
      115,532 SF

      Fully Occupied Twinsburg Retail Plaza

      Multi-tenant retail center in Twinsburg, Ohio with stable cashflow.
      10735 Ravenna Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      14,572 SF

      Class A Office Building

      Modern, fully occupied office building near highway access.
      8948 Canyon Falls Boulevard, Twinsburg, OH
      View Details
    • $1,050,000
      8,660 SF

      Twinsburg Office Building For Sale

      8,660 SF office building with tenant in place.
      2285 E Enterprise Pkwy, Twinsburg, OH
      View Details
    • $1,100,000
      13,297 SF

      Twinsburg Office Condo For Sale

      13,297 SF office condo in Twinsburg's business district.
      2351 Edison Blvd, Twinsburg, OH
      View Details
    • $179,500
      1,860 SF

      Twinsburg Office/Flex Condo For Sale

      1,860 SF office/flex condo in Twinsburg business park.
      Enterprise B-4 Pkwy 2240-2254, Twinsburg, OH
      View Details
    • Contact for pricing
      10,930 SF

      New Retail Building For Sale

      Recently constructed retail building with long-term NNN lease.
      8275 Darrow Rd, Twinsburg, OH
      View Details
    • $274,900
      3,422 SF

      Twinsburg Office Investment Opportunity

      Well-maintained office property with strong cap rate in Twinsburg.
      2112 S Case Pkwy, Twinsburg, OH
      View Details
    • $150,000
      1,800 SF

      Twinsburg Industrial Space For Sale

      1,800 SqFt industrial property available in Twinsburg, Ohio.
      2305 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      41,000 SF

      Industrial Investment Property For Sale

      Industrial property for sale with a new long-term lease.
      1760 Enterprise Pkwy, Twinsburg, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - 62,200 SF industrial warehouse located in Twinsburg, Ohio.
    Where is this warehouse located?
    The property is located at 1933 Highland Road Twinsburg, OH.
    What is the asking price?
    The asking price for this property is $4,976,000.
    What are key features of this property?
    This property features: Fully leased property provides immediate income stream.; Located in the established Twinsburg Industrial District with notable corporate neighbors.; Brand new roof with a 20‑year warranty (good until 2037).
    (216) 861-3040 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Claire Coyne
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!