Industrial Flex
4891 Van Epps Road, Brooklyn Heights, OH 44131
For Sale
$1,350,000
CommercialSale, Brooklyn Heights, OH
Property Size21,000 SF
Lot Size1.03 Acres
Price / SF$64.29
Days on Market249
Property Features for 4891 Van Epps Road
General Information
Property type
Property subtype
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
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Building Details
Year built
Roof type
Listing Agency:
Keller Williams Citywide · Keller Williams Realty
(440) 892-2211
Listed By:
David M Reddy · License OH #2001006408
(216) 406-4746
Added: Mar 10
Changed: Oct 23
Last Checked: Nov 13 at 11:06PM
MLS# 5190566
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.
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Investment Insights
Based on property information with market context.
This 1953 industrial flex building combines approximately 21,000 square feet of office, warehouse, and manufacturing space on 1.03 acres. The office component measures approximately 6,300 square feet and includes reception, six private offices, a conference room, employee lunch area, and two storage rooms. The approximately 14,000-square-foot production and warehouse area includes two additional offices.
Industrial functionality includes a front loading dock with a 15-foot door, a 10-foot drive-through door, and a 1-ton crane. The building is equipped with 480 amp, 3-phase electric service, central air, forced-air natural gas heating, public water, and public sewer. Off-street parking accommodates approximately 15–20 vehicles. The property is currently occupied by a tenant with a 36-month lease term.
Industrial functionality includes a front loading dock with a 15-foot door, a 10-foot drive-through door, and a 1-ton crane. The building is equipped with 480 amp, 3-phase electric service, central air, forced-air natural gas heating, public water, and public sewer. Off-street parking accommodates approximately 15–20 vehicles. The property is currently occupied by a tenant with a 36-month lease term.
Key Highlights
- Approximately 21,000 sq. ft. industrial building on 1.03 acres
- Approximately 6,300 sq. ft. of office space with six private offices and conference room
- Approximately 14,000 sq. ft. warehouse/manufacturing area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,848
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,516,960
$1.5M
Cap Rate 7%
$1,083,543
$1.1M
Cap Rate 9%
$842,756
$842.8K
Market Conditions
NOI Build-Up for 21,000 SF
Gross rent
$123.5K $5.88/SF
− Vacancy
−$6.8K −$0.32/SF
EGI
$116.7K $5.56/SF
− OpEx
−$40.8K −$1.94/SF
NOI
$75.8K $3.61/SF
Area
Cuyahoga County, OH
Vacancy
5.50%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,516,960
Cap Rate 7%
$1,083,543
Cap Rate 9%
$842,756
Alternative Uses
Best Use
Flex RnD
$1.08M
$948.1K – $1.26M
NOI $75,848 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.90M
$3.41M – $4.55M
NOI $273,067 @ 7.0% cap · market cap 20.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 44131, OH
20,664
Population
8,861
Households
2.3
Avg Household Size
49
Median Age
40%
College-Educated
97%
High-School Grad
15.7 sq mi
ZIP Area
1,316
Density / Sq Mi
$98,838
Median Household Income
$59,474
Median Earnings
$1,512
Median Rent
$252,400
Median Home Value
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Market
Properties on Market for Flex space in Cuyahoga County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office, warehouse, and manufacturing areas are supported by substantial electrical service and multiple loading options.
Where is this flex space located?
The property is located at 4891 Van Epps Road Brooklyn Heights, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 21,000 sq. ft. industrial building on 1.03 acres; Approximately 6,300 sq. ft. of office space with six private offices and conference room; Approximately 14,000 sq. ft. warehouse/manufacturing area
