2075 E 65th St, Cleveland, OH
10.31-acre site with 102,675 SF industrial space for sale.
- Added:
- Mar 13, 2025
- Days on Market:
- 453
- Last Refresh:
- May 20 at 8:31 pm
Property Features for 2075 E 65th St
General Information
- Standard status
- Active
- Size
- 102,675 SF
- Lot size
- 10.34 Acres
- Property subtype
- INDUSTRIAL
Listing agent George J. Pofok, SIOR, CCIM
Listing office Cresco Real Estate | Cleveland (216) 520-1200
Listing date Mar 13, 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 Cresco Real Estate | Cleveland
HighLights
- Prime redevelopment opportunity in Cleveland's rapidly growing MidTown Neighborhood.
- Large 10.31‑acre lot.
- Substantial 102,675 square feet of industrial manufacturing space.
- Active rail service provided by Norfolk Southern.
- Nine buildings on site.
- All necessary utilities on site.
Overview
Local Financial Insights For Industrial
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 | $628.4k | $6.12 |
| − Vacancy | −$25.8k | −$0.25 |
| EGI | $602.6k | $5.87 |
| − OpEx | −$180.8k | −$1.76 |
| NOI | $421.8k | $4.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.73
- Latitude
- 41.475
