Multi-Tenant Warehouse
4780 Briar Road Cleveland, OH 44135
4780 Briar Road, Cleveland, OH, 44135
Contact for pricing
For Sale
Contact for pricing
Industrial warehouse building with three units, drive-in doors, LED lighting, and Reznor heating systems.
Property Size12,120 SF
Price / SF$74.17
Days on Market11
Property Features for 4780 Briar Road
General Information
- Standard status
- Active
- Size
- 12,120 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1964
Listing Agency
Gatto Group Inc
(216) 621-1800
Listed by
Donny Gatto · License #2024006572
Source
Crexi
Added: Jul 7 Checked: Jul 16 at 10:13 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 Gatto Group Inc
Investment Insights
Based on property information with market context.
Industrial multi-tenant warehouse property offering 12,120 square feet divided into three separate units. The building has all new electrical/wiring and plumbing throughout, along with modern LED lighting and Reznor heating systems. Each unit is served by drive-in doors sized from 10 to 14 feet and features clear heights ranging from 10 to 16 feet to support a variety of industrial configurations.
The property is located at 4780 Briar Road in Cleveland, Ohio. It is offered for sale as a warehouse facility well-suited to tenants seeking functional, unitized space with drive-in access.
The configuration is designed around clear-height warehouse functionality across three units, with new core building systems and contemporary lighting and heating.
The property is located at 4780 Briar Road in Cleveland, Ohio. It is offered for sale as a warehouse facility well-suited to tenants seeking functional, unitized space with drive-in access.
The configuration is designed around clear-height warehouse functionality across three units, with new core building systems and contemporary lighting and heating.
Key Highlights
- 1964‑built industrial multi‑tenant warehouse with 12,120 SF divided into three units
- All‑new electrical/wiring and plumbing throughout the building
- Modern LED lighting throughout
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 | $74.2k | $6.12 |
| − Vacancy | −$3.0k | −$0.25 |
| EGI | $71.1k | $5.87 |
| − OpEx | −$10.7k | −$0.88 |
| NOI | $60.5k | $4.99 |
12,120 SF · lease $6.12/SF/yr · vacancy 4.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$863.8K
$755.8K – $1.01M
NOI $60,463 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,037 @ 7.0% cap · market cap 23.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
State Tool & Die
Industrial Manufacturer
Auto Glass Squad-Cleveland
Auto Repair Shop
State Molded Plastics
Factory
Similar For Sale Nearby
Similar Off Market Nearby
- Extra Space Storage — 4976 W 130th St, Cleveland, OH 44135
- Romal Storage Facility — 13913 W Parkway Rd, Cleveland, OH 44135
- Corrigan Moving Systems — 13900 Keystone Pkwy, Cleveland, OH 44135
- Rock-n-Roll City Harley-Davidson — 4985 W 150th St, Cleveland, OH 44135
- Berea Moving & Storage Co. — 4755 W 150th St # J, Cleveland, OH 44135
FAQs
What type of property is this?
Warehouse - Industrial warehouse building with three units, drive-in doors, LED lighting, and Reznor heating systems.
Where is this warehouse located?
The property is located at 4780 Briar Road Cleveland, OH.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1964‑built industrial multi‑tenant warehouse with 12,120 SF divided into three units; All‑new electrical/wiring and plumbing throughout the building; Modern LED lighting throughout
