29201 Anderson Rd Wickliffe, OH
67,000 SF warehouse/manufacturing space on 3.02 acres.
Property Features for 29201 Anderson Rd
General Information
- Standard status
- Active
- Size
- 67,000 SF
- Lot size
- 3.13 Acres
- Property subtype
- INDUSTRIAL
Listing office Matthews Real Estate Investment Services | Cleveland (866) 889-0550
Listing date Nov 24, 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 Matthews Real Estate Investment Services | Cleveland
Investment Insights
Based on property information with market context.
Key Highlights
- Warehouse/manufacturing space on 3.02 acres with room for outside storage.
- Features seven drive‑in doors (12’x12’ and 12’x14’) and two truck docks (one interior, one exterior).
- Heavy power: 800A / 240V / 3P with buss duct distribution.
Local Financial Insights For Warehouse
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 | $382.6k | $5.71 |
| − Vacancy | −$14.2k | −$0.21 |
| EGI | $368.4k | $5.50 |
| − OpEx | −$55.3k | −$0.82 |
| NOI | $313.2k | $4.67 |
Alternative Uses
Property Analytics
Current Use by Public Records
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