Industrial Buildings with Salvage
3455 W 140th St Cleveland, OH
3455 W 140th St, Cleveland, OH, 00000
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For Sale
Contact for pricing
Two industrial buildings with warehouse, office, and shop space.
Property Size16,500 SF
Lot Size1.45 Acres
Price / SF$151.52
Days on Market256
Property Features for 3455 W 140th St
General Information
- Standard status
- Active
- Size
- 16,500 SF
- Lot size
- 1.45 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Cresco Real Estate | Cleveland
(216) 525-1487
Listed by
Eliot Kijewski, SIOR
Source
Moodyscre
Added: Nov 4, 2025 Checked: Jul 17 at 4:12 am
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
Investment Insights
Based on property information with market context.
The property features two industrial buildings offering a combination of warehouse, office, and shop areas. Building 1 includes 9,500 square feet of industrial space and 1,000 square feet of office space. Building 2 provides 6,000 square feet of industrial space. The property is zoned for industrial use and includes ample outdoor storage and circulation area. Infrastructure includes power, air compressors, racking systems, shipping containers, and security systems. A salvage license adds local regulatory value. The property offers potential for growth through online expansion or increased marketing. The total property size is 16,500 square feet. Located in Cleveland, OH, this turnkey operation is ready for a new owner or strategic buyer.
Key Highlights
- Turnkey operation ready for a new owner
- Hard‑to‑obtain salvage license
- Two buildings with a mix of warehouse, office, and shop space (9,500 SF industrial/1,000 SF office in Building 1; 6,000 SF industrial in Building 2)
Local Financial Insights For Flex RnD
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 | $148.5k | $9.00 |
| − Vacancy | −$8.9k | −$0.54 |
| EGI | $139.6k | $8.46 |
| − OpEx | −$48.9k | −$2.96 |
| NOI | $90.7k | $5.50 |
16,500 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.30M
$1.13M – $1.51M
NOI $90,734 @ 7.0% cap · market cap 3.63%
Second Best
Warehouse
$1.18M
$1.03M – $1.37M
NOI $82,314 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$4.03M
$3.52M – $4.70M
NOI $281,857 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Romal Storage Facility — 13913 W Parkway Rd, Cleveland, OH 44135
- Stolan Self Storage Facility — 14025 Puritas Ave, Cleveland, OH 44135
- Leaders Moving — 4517 Industrial Pkwy, Cleveland, OH 44135
- Berea Moving & Storage Co. — 4755 W 150th St # J, Cleveland, OH 44135
FAQs
What type of property is this?
Warehouse - Two industrial buildings with warehouse, office, and shop space.
Where is this warehouse located?
The property is located at 3455 W 140th St Cleveland, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Turnkey operation ready for a new owner; Hard‑to‑obtain salvage license; Two buildings with a mix of warehouse, office, and shop space (9,500 SF industrial/1,000 SF office in Building 1; 6,000 SF industrial in Building 2)
