Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bedford Heights Industrial Space Available Title is generated by Realmo AI

    24455 Aurora Rd, Bedford Heights, OH

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

    Industrial property with 125,238 square feet for lease.

    Type:INDUSTRIAL
    Property size:
    125,238 SF
    Lot size:
    6.37 Acres
    Added:
    Sep 30, 2025
    Days on Market:
    234
    Last Refresh:
    Apr 5 at 9:25 pm

    Property Features for 24455 Aurora Rd

    General Information

    Standard status
    Active
    Size
    125,238 SF
    Lot size
    6.37 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 24455 Aurora Rd Contact us

    We can help!

    Listing Contact
    Rico A. Pietro, SIOR

    Listing agent Rico A. Pietro, SIOR

    Listing office Cresco Real Estate | Cleveland

    Listing date Sep 30, 2025

    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 Cresco Real Estate | Cleveland

    HighLights

    • 125,238 square feet of industrial space available for lease.

    Overview

    This industrial property, located in Bedford Heights, Ohio, offers 125,238 square feet of warehouse space for lease. The property is suitable for industrial use and other warehousing purposes.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.53607
    Latitude
    41.43751

    Nearby Similar for Lease

    • $6 SF/Yr
      13,500 SF

      Bedford Heights Industrial Space Available

      13,500 SF industrial space for lease in Bedford Heights.
      26820 Fargo Ave, Bedford Heights, OH
      View Details
    • $4 SF/Yr
      21,888 SF

      Bedford Heights Warehouse Space Available

      21,888 SF warehouse with office space, convenient highway access.
      26201 Richmond Rd, Bedford Heights, OH
      View Details
    • $8 SF/Yr
      18,000 SF

      Updated Industrial Space with Cranes

      Updated industrial space with heavy power and bridge cranes.
      5439 Perkins Rd, Bedford Heights, OH
      View Details
    • Contact for pricing
      160,000 SF

      Industrial Space with Crane Bays

      160,000 SF industrial space featuring crane bays.
      26800 Miles Road, Bedford Heights, OH, 44146
      View Details
    • Contact for pricing
      1,218 SF

      Retail Building on Rockside Road

      Freestanding 1,218 SF building available for lease.
      24800 Cannon Road, Bedford Heights, OH
      View Details
    • Contact for pricing
      1,218 SF

      Retail Space Available For Rent

      Retail space available for lease in Bedford Heights, Ohio.
      24800 Rockside Road, Bedford Heights, OH, 44146
      View Details
    • $4 SF/Yr
      24,564 SF

      Industrial Space Available For Lease

      Industrial units available for lease, can be combined.
      26000 Richmond Rd, Bedford Heights, OH
      View Details
    • $10 SF/Yr
      8,150 SF

      Cannon Road Flex/Industrial Space

      Flex/industrial space available for lease with ample parking.
      26901 Cannon Rd, Bedford Heights, OH
      View Details
    • Contact for pricing
      160,000 SF

      Bedford Heights Industrial Warehouse Space

      160,000 SF industrial space with rail access for lease.
      26800 Miles Rd, Bedford Heights, OH
      View Details
    • Contact for pricing
      166,057 SF

      Warehouse Space with Highway Visibility

      166,057 SF warehouse with superior highway access and visibility.
      23371 Aurora Rd, Bedford Heights, OH
      View Details
    • Contact for pricing
      84,720 SF

      Warehouse with Office Space Available

      84,720 SF warehouse with 6,000 SF office space.
      26401 Fargo Ave, Bedford Heights, OH 44146
      View Details
    • Contact for pricing
      50,460 SF

      Industrial Complex with Outdoor Storage

      130,000 SF industrial complex with additional parking.
      24300 Solon Rd, Bedford Heights, OH
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property with 125,238 square feet for lease.
    Where is this industrial property located?
    The property is located at 24455 Aurora Rd Bedford Heights, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 125,238 square feet of industrial space available for lease.
    (216) 520-1200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rico A. Pietro, SIOR
    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

    Thank You for Inquiry
    24455 Aurora Rd, Bedford Heights, OH
    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!