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    5317 St Clair Ave Cleveland, OH 44103

    For Sale
    $650,000

    Spacious warehouse with crane, ideal for industrial use.

    Property size:
    23,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This single-story, 23,640-square-foot Class C industrial warehouse is situated on a 0.772-acre lot in Cleveland, Ohio (APN: 10406033). Built in 1920, the property features a 10-ton crane in the high-bay area and a 5-ton crane in the low-bay area. The building is divided into four distinct sections: office space, a garage, a high-bay crane area, and a low-bay crane area, offering versatile functionality. The warehouse boasts 480-volt power and compressed air lines throughout. Conveniently located off the E55th Interbelt exit, this property is zoned GI-B3. The single-tenant building presents a significant opportunity for industrial businesses seeking a well-equipped space with excellent access to transportation. The asking price is $650,000.

    Property Features for 5317 St Clair Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    23,640 SF
    Class
    C
    Lot Size
    33,628 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1

    HighLights

    • 23,640 SF Class C industrial warehouse on a 0.772‑acre lot in Cleveland, OH (APN: 10406033).
    • Built in 1920, featuring 10‑ton & 5‑ton cranes.
    • Four sections: office, garage, high‑bay, and low‑bay areas.
    • Equipped with 480‑volt power and compressed air lines.
    • Convenient E55th Interbelt access; GI‑B3 zoning.
    • Single‑tenant building; asking price $650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6554815
    Latitude
    41.521005

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse with crane, ideal for industrial use.
    Where is this distribution property located?
    The property is located at 5317 St Clair Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 23,640 SF Class C industrial warehouse on a 0.772-acre lot in Cleveland, OH (APN: 10406033).; Built in 1920, featuring 10-ton & 5-ton cranes.; Four sections: office, garage, high-bay, and low-bay areas.
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    Realmo Value Estimation

    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.

    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.

    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
    5317 St Clair Ave Cleveland, OH 44103
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