Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Solon Industrial Space Available Title is generated by Realmo AI

    5380 Naiman Pkwy, Solon, OH 44139

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    7,245 SF industrial space for lease in Solon, Ohio.

    Type:INDUSTRIAL
    Property size:
    7,245 SF
    Added:
    Dec 8, 2025
    Days on Market:
    179
    Last Refresh:
    Mar 3 at 11:38 am

    Property Features for 5380 Naiman Pkwy

    General Information

    Standard status
    Active
    Size
    7,245 SF
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5380 Naiman Pkwy Contact us

    We can help!

    Listing Contact
    Bob Garner

    Listing agent Bob Garner

    Listing office Newmark | Columbus

    Listing date Dec 8, 2025

    Source Moodyscre

    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 Newmark | Columbus

    HighLights

    • 7,245 SF of industrial space is for lease
    • Located in Solon, Ohio
    • Space is for lease

    Overview

    This commercial real estate offering features 7,245 square feet of industrial space. The property is located in Solon, Ohio.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Solon
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4880204
    Latitude
    41.4163672

    Nearby Similar for Lease

    • $500/Mo

      Professional Office Space in Solon

      Flexible private offices with shared amenities in Solon, Ohio.
      31320 Solon Road, Solon, OH 44139
      View Details
    • $850/Mo

      Professional Office Space in Solon

      Flexible office space with shared amenities in a professional business setting.
      31320 Solon Road, Solon, OH 44139
      View Details
    • $18 SF/Yr
      8,728 SF

      Solon Office Space Available

      Professional office space for lease in the heart of Solon.
      32875 Solon Road, Solon, OH 44139
      View Details
    • $375/Mo

      Professional Cubicle in Solon Business Setting

      Cost-effective cubicle in Solon with shared amenities and parking.
      31320 Solon Road, Solon, OH 44139
      View Details
    • $250 SF/Yr

      Solon Shared Workspace and Amenities

      Professional Solon business address with shared workspace and amenities.
      31320 Solon Road, Solon, OH 44139
      View Details
    • $79 SF/Yr

      Commercial Space in Solon, OH

      Shared workspace with conference room access in Solon, Ohio.
      31320 Solon Road, Solon, OH 44139
      View Details
    • Sponsored
      $129-$3,186/Mo
      11-1,292 SF

      OH, Solon - Bainbridge Rd

      30575 Bainbridge Rd, Unit 130, Solon, OH 44139
      View Details
    • $3,000/Mo
      2,000-2,500 SF

      Sathe Reality

      32100 Solon Rd, Solon, OH 44139
      View Details
    • $9,277/Mo

      Modern Office/Medical Building in Solon

      Modern 5,060 sq ft building near highway with high visibility.
      34570 Aurora Road, Solon, OH 44139
      View Details
    • $10 SF/Yr
      11,812 SF

      Solon Flex Space Available

      Flex space featuring warehouse, office, and clean room areas.
      6565 Davis Industrial Parkway, Solon, OH, 44139
      View Details
    • $8 SF/Yr
      17,093 SF

      Solon Flex Space Available

      17,093 RSF flex space available through May 2027.
      28900 Fountain Parkway, Solon, OH, 44139
      View Details
    • $9 SF/Yr
      6,440 SF

      Solon Flex Space Available

      Flex space with office and warehouse components for sublease.
      6190 Cochran Road, Solon, OH, 44139
      View Details

    FAQs

    What type of property is this?
    Industrial property - 7,245 SF industrial space for lease in Solon, Ohio.
    Where is this industrial property located?
    The property is located at 5380 Naiman Pkwy Solon, OH.
    What are key features of this property?
    This property features: 7,245 SF of industrial space is for lease; Located in Solon, Ohio; Space is for lease
    (650) 358-5266 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bob Garner
    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

    Thank You for Inquiry
    5380 Naiman Pkwy, Solon, OH 44139
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!