Office-Configured Flex
33472 Liberty, North Ridgeville, OH 44039
For Sale
New
$180,000
CommercialSale, North Ridgeville, OH
Property Size2,100 SF
Lot Size0.00 Acres
Price / SF$85.71
Days on Market4
Property Features for 33472 Liberty
General Information
Property type
Property subtype
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Listing Agency:
Century 21 Homestar · Century 21 Real Estate
(440) 449-9100
Listed By:
India Burks · License #2021004118
(216) 904-0626
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 8 at 12:06AM
MLS# 5259219
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex condominium offers approximately 2,100 square feet, arranged with two private offices and a substantial open warehouse area. Separate men’s and women’s restrooms are also provided. The property was built in 1998 and has forced-air heating and central air conditioning.
Condominium ownership is part of the offering. The open area can accommodate storage or light industrial activity, as described for the property.
Condominium ownership is part of the offering. The open area can accommodate storage or light industrial activity, as described for the property.
Key Highlights
- Approximately 2,100 square feet
- Two private offices and a large open warehouse area
- Separate men’s and women’s restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,633
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,660
$192.7K
Cap Rate 7%
$137,614
$137.6K
Cap Rate 9%
$107,033
$107.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$11.8K $5.61/SF
− Vacancy
−$448 −$0.21/SF
EGI
$11.3K $5.40/SF
− OpEx
−$1.7K −$0.81/SF
NOI
$9.6K $4.59/SF
Area
Lorain County, OH
Vacancy
3.80%
Lease Rate
$5.61 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,660
Cap Rate 7%
$137,614
Cap Rate 9%
$107,033
Alternative Uses
Best Use
Warehouse
$137.6K
$120.4K – $160.6K
NOI $9,633 @ 7.0% cap · market cap 5.35%
Second Best
Flex RnD
$124.2K
$108.7K – $144.9K
NOI $8,694 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$529.2K
$463.1K – $617.4K
NOI $37,044 @ 7.0% cap · market cap 20.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44039, OH
35,630
Population
14,441
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
24.1 sq mi
ZIP Area
1,478
Density / Sq Mi
$94,128
Median Household Income
$53,988
Median Earnings
$1,067
Median Rent
$254,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in Lorain County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The layout combines two enclosed offices, a broad warehouse area, and separate men’s and women’s restrooms.
Where is this flex space located?
The property is located at 33472 Liberty North Ridgeville, OH.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Approximately 2,100 square feet; Two private offices and a large open warehouse area; Separate men’s and women’s restrooms
