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    1500 219 St Euclid, OH 44117

    Sponsored
    For Sale
    $2,950,000

    145,000 SF Flex Space, $2.95M

    Property size:
    145,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Euclid, Ohio industrial property offers 145,000 square feet of versatile flex, manufacturing, and warehouse space. Priced at $2,950,000, the property boasts two loading docks and five drive-ins. Ceiling heights range from 15 to 27.5 feet, accommodating diverse operational needs. The property features 1,600 amps of power in the east building and 1,200 amps in the west, both upgradeable. Column spacing varies throughout the space. The buildings are equipped with ordinary hazard sprinklers and gas-fired heating units. Significant improvements include new driveways (2024), LED lighting throughout, and new heaters installed in 2023-2024. The west building includes two 30-ton bridge cranes, while the east building features various 1/2 to 2-ton cranes. Additional docks can be added to suit specific requirements. Located in Cuyahoga County, Ohio, at 1500 East 219th Street, zip code 44117, this property presents a compelling investment opportunity. The land value is estimated at $3 to $5.25 per square foot. This well-maintained facility is ready for immediate occupancy and offers significant potential for a variety of industrial uses.

    Property Features for 1500 219 St

    General Information

    Property type
    Distribution properties
    Square Feet
    145,000 SF

    HighLights

    • 145,000 SF flex/manufacturing/warehouse space in Euclid, OH.
    • $2,950,000 asking price.
    • Two loading docks, five drive‑ins, ceiling heights 15'-27.5'.
    • 1600 amp (east) & 1200 amp (west) power, upgradeable.
    • New driveways (2024), LED lighting, new heaters (2023‑24).
    • Two 30‑ton bridge cranes (west building), additional cranes (east building).
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Euclid
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5299489
    Latitude
    41.5733569

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    FAQs

    What type of property is this?
    Distribution property - 145,000 SF Flex Space, $2.95M
    Where is this distribution property located?
    The property is located at 1500 219 St Euclid, OH.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 145,000 SF flex/manufacturing/warehouse space in Euclid, OH.; $2,950,000 asking price.; Two loading docks, five drive-ins, ceiling heights 15'-27.5'.
    Request Owner's contact information
    1500 219 St Euclid, OH 44117
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    Euclid, OH 44117
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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
    1500 219 St Euclid, OH 44117
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