Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7920 Mapleway Dr Olmsted Falls, OH 44138

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Massive warehouse, 150,226 sq ft, 15.7 acres.

    Lot size:
    150,226 SF

    Property Features for 7920 Mapleway Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,226 SF

    Spaces For Lease

    at 7920 Mapleway Dr, Olmsted Falls, OH 44138 Contact us

    We can help!

    Listing Contact
    Frank Black

    Listing Agency: Premier Development Partners Listing Agent: Frank Black

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 7920 Mapleway Drive in Olmsted Falls, Ohio, presents a significant opportunity for lease. The single-tenant warehouse boasts a substantial 150,226 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 15.7-acre lot, this property offers ample room for expansion or outdoor storage. The warehouse features impressive ceiling heights ranging from 16 to 20 feet, providing excellent vertical clearance for various storage and operational needs. Access is facilitated by seven dock-high doors and six drive-in doors, ensuring efficient loading and unloading of goods. The property is equipped with robust power capabilities, including 2,500 amps of 480 3-phase power, suitable for energy-intensive operations. This warehouse is located in Cuyahoga County, Ohio, with the zip code 44138. The property's size, features, and location make it an ideal choice for businesses seeking a large-scale industrial space in a convenient location. This is a rare opportunity to secure a substantial, ready-to-occupy warehouse in a desirable market. Contact us today to learn more about leasing this exceptional property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olmsted Falls
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.911009
    Latitude
    41.3763303

    Nearby Similar for Lease

    • Contact for pricing
      1,600 SF

      Retail Space For Lease

      Retail space available for lease.
      7088-7096 Columbia Rd, Olmsted Falls, OH
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space on Bagley Road

      Retail spaces available in Olmsted Falls, Ohio.
      8113-8197 Bagley Rd, Olmsted Falls, OH
      View Details
    • Contact for pricing
      83,140 SF

      Mill River Plaza Retail Space

      High-traffic retail space, Cuyahoga County.
      8155 Columbia Rd, Olmsted Falls, OH 44138
      View Details

    FAQs

    What type of property is this?
    Distribution property - Massive warehouse, 150,226 sq ft, 15.7 acres.
    Where is this distribution property located?
    The property is located at 7920 Mapleway Dr Olmsted Falls, OH.
    What are key features of this property?
    This property features: Active interior rail spur served by Norfolk Southern.; 150,226 SF warehouse, divisible.; 15.7-acre lot.
    (216) 341-1200 Call to check price and availability
    Request Owner's contact information
    7920 Mapleway Dr Olmsted Falls, OH 44138
    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.
    7920 Mapleway Dr
    Olmsted Falls, OH 44138
    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
    7920 Mapleway Dr Olmsted Falls, OH 44138
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Frank Black
    (216) 341-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.