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    26650 Renaissance Pkwy Warrensville Heights, OH 44128

    For Sale
    $2,000,000

    36,404 SF Multi-Tenant Flex Space, Owner-User Opportunity

    Property size:
    36,404 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 36,404-square-foot multi-tenant flex office building in Warrensville Heights, Ohio, is now available for sale. Situated on a 3.05-acre lot, this property presents a unique owner-user opportunity with income already in place. The building features multiple suites, including a 2,900-square-foot suite and a 6,986-square-foot suite. The larger suite also includes 671 square feet of warehouse/storage space, offering a combined 9,886 square feet of potential space. Immediate occupancy is available. Each suite boasts its own men's and women's restrooms, eliminating shared facilities. The property enjoys a park-like setting and benefits from an excellent location with convenient access to I-271 and I-480. Professional management services are in place. The asking price is $2,000,000. The current lease rate is $9.50 per square foot, triple net (NNN). This is an ideal investment for an owner-occupier seeking a blend of income generation and functional space. The property is located at 26650 Renaissance Pkwy, Warrensville Heights, OH 44128, in Cuyahoga County.

    Property Features for 26650 Renaissance Pkwy

    General Information

    Property type
    Flex space
    Square Feet
    36,404 SF
    Lot Size
    132,858 SF

    HighLights

    • 36,404 SF multi‑tenant building on a 3.05‑acre lot.
    • 2,900 SF suite available for lease.
    • 6,986 SF suite available, including 671 SF of warehouse/storage; combinable with the 2,900 SF suite for a total of 9,886 SF.
    • Immediately available for occupancy.
    • Private restrooms within each suite.
    • Attractive park‑like setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Casentric, LLC Software Company Contempo Design + Communications Website Designer Essex Digital Platform Marketing Agency Trans-Pacific Trading Inc Distribution Service Cyrid Media Inc Marketing Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Warrensville Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.490111
    Latitude
    41.4420733

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Flex space - 36,404 SF Multi-Tenant Flex Space, Owner-User Opportunity
    Where is this flex space located?
    The property is located at 26650 Renaissance Pkwy Warrensville Heights, OH.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 36,404 SF multi-tenant building on a 3.05-acre lot.; 2,900 SF suite available for lease.; 6,986 SF suite available, including 671 SF of warehouse/storage; combinable with the 2,900 SF suite for a total of 9,886 SF.
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    Warrensville Heights, OH 44128
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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
    26650 Renaissance Pkwy Warrensville Heights, OH 44128
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