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

    29309 Clayton Avenue Wickliffe, OH 44092

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr

    55,610 SF warehouse space for lease in Wickliffe.

    Type:Industrial
    Property size:
    55,610 SF
    Added:
    Nov 22, 2025
    Days on Market:
    147
    Last Refresh:
    Apr 5 at 9:29 pm

    Property Features for 29309 Clayton Avenue

    General Information

    Standard status
    Active
    Size
    55,610 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Nick Smith

    Listing agent Nick Smith

    Listing office CBRE | Cleveland

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE | Cleveland

    Overview

    Wickliffe Warehouse Space Available

    This property offers 55,610 square feet of warehouse space. It is located in Wickliffe, Ohio.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Life storage — 30100 Lakeland Blvd, Wickliffe, OH 44092
    • Figmant Storage Units — 29315 Clayton Ave 1st floor, Wickliffe, OH 44092
    • Near2Me Storage Units — 29303 euclid ave, wickliffe, oh 44092
    • Two Men and a Truck Moving and Storage — 1420 Lloyd Rd, Wickliffe, OH 44092
    • AAA Self Storage Unit — 30022 Euclid Ave, Wickliffe, OH 44092

    Location Insight

    • Map
    • Local Demand
    City
    Wickliffe
    County
    Lake
    State
    Ohio
    Longitude
    -81.4776
    Latitude
    41.6086

    Nearby Similar for Lease

    • Contact for pricing

      Prime Corner Commercial Space

      Highly visible Wickliffe commercial space with flexible layout.
      29436 Euclid Avenue, Wickliffe, OH 44092
      View Details
    • Contact for pricing

      Wickliffe Warehouse/Office Space Available

      21,000 SF warehouse/office space for lease in Wickliffe, OH.
      29000 Lakeland Boulevard, Wickliffe, OH, 44092
      View Details
    • $5/mo

      Wickliffe Warehouse with Office Space

      16,665 SF warehouse with 1,750 SF office space.
      29315 Clayton Avenue, Wickliffe, OH, 44092
      View Details
    • $4/mo

      Wickliffe Warehouse with Office Space

      19,556 SF warehouse with 1,000 SF office space.
      29325 Clayton Avenue, Wickliffe, OH, 44092
      View Details
    • $14/mo

      Euclid Avenue Commercial Unit

      Well-kept commercial unit with flexible space on Euclid Avenue.
      29436 Euclid Ave, Wickliffe, OH 44092
      View Details
    • $18/mo

      Wickliffe Office Space Available

      1,800 SF office space for lease in Wickliffe, OH.
      2775 Bishop Rd, Wickliffe, OH
      View Details
    • Contact for pricing

      Updated Building on Bishop Road

      Modern retail building with expansion possibilities on high-traffic road.
      2821 Bishop Rd, Wickliffe, OH
      View Details
    • Contact for pricing

      Retail Space in High Traffic

      Neighborhood center with retail, office, and showroom zoning.
      Euclid Ave 29229-29231, Wickliffe, OH
      View Details
    • $4/mo

      Wickliffe Industrial Space Available

      Industrial space available for lease in Wickliffe, Ohio.
      1305-1311 Lloyd Rd, Wickliffe, OH
      View Details
    • Contact for pricing

      Craned Industrial Facility For Rent

      Industrial facility with crane in strategic location available for rent.
      29201 Anderson Rd, Wickliffe, OH 44092
      View Details
    • Contact for pricing

      Wickliffe Retail Opportunity For Rent

      5,244 SF retail building on 1.28 acres available for rent.
      28711 Euclid Ave, Wickliffe, OH 44092
      View Details
    • Contact for pricing

      Suites Available on Euclid Avenue

      Two suites available at signalized corner with monument signage.
      29215 Euclid Ave, Wickliffe, OH 44092
      View Details

    FAQs

    What type of property is this?
    Warehouse - 55,610 SF warehouse space for lease in Wickliffe.
    Where is this warehouse located?
    The property is located at 29309 Clayton Avenue Wickliffe, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 55,610 SF warehouse space available - perfect for your business needs.; Located in Wickliffe.; Space is for lease.
    (440) 212-6715
    We can help!
    Listing Contact
    Nick Smith
    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!