Showroom and Warehouse Flex
For Sale
$379,000
9040 State Route 14, Streetsboro, OH 44241
A combined showroom, office, and warehouse layout offers distinct customer-facing and work areas.
Property Size3,600 SF
Lot Size0.40 Acres
Price / SF$105.28
Days on Market128
Property Features for 9040 State Route 14
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
20
Lot size
0.40 Acres
Property subtype
Retail
Zoning
Business District
Site & Location
Traffic Count
29,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Mixed-Use Components
showroom, office, warehouse
Additional Details
Warehouse Space
1,600 SF
Taxes and HOA fees
Annual Taxes
$4,463
Building Details
Building Size
3,600 SF
Year Built
1965
Buildings
1
Listing Agency:
Century 21 Homestar
Listed By:
Samantha D Wallauz · License #2016004981
(440) 477-8046
Source:
Lifestagesrealty
Added: Jun 22
Changed: Oct 27
Last Checked: Oct 27 at 3:33AM
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 Century 21 Homestar
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex property contains 3,600 square feet, divided between approximately 2,000 square feet of finished showroom and office space and 1,600 square feet of heated, open-span warehouse. The office portion includes a conference room, private office, design center, and restroom. A furnace and central air system serving the showroom were installed in 2023. Warehouse features include a 12' x 12' overhead door, an 8' x 8' rear overhead door, and a gas-fired shop heater.
The property fronts State Route 14 in Streetsboro, with access to the Ohio Turnpike (I-80) and State Route 43. Reported traffic counts exceed 29,000 vehicles per day. Business District zoning is identified in the property information.
Site improvements include a newly paved asphalt parking lot with space for approximately 20 vehicles, a partially fenced rear yard, and a storage shed. The parcel measures 95' x 183'.
The property fronts State Route 14 in Streetsboro, with access to the Ohio Turnpike (I-80) and State Route 43. Reported traffic counts exceed 29,000 vehicles per day. Business District zoning is identified in the property information.
Site improvements include a newly paved asphalt parking lot with space for approximately 20 vehicles, a partially fenced rear yard, and a storage shed. The parcel measures 95' x 183'.
Key Highlights
- 3,600‑square‑foot freestanding flex building
- Approximately 2,000 square feet of showroom and office space plus 1,600 square feet of warehouse
- 12' x 12' overhead door and 8' x 8' rear overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,183
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,660
$343.7K
Cap Rate 7%
$245,471
$245.5K
Cap Rate 9%
$190,922
$190.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$21.5K $5.98/SF
− Vacancy
−$1.3K −$0.36/SF
EGI
$20.2K $5.62/SF
− OpEx
−$3.0K −$0.84/SF
NOI
$17.2K $4.77/SF
Area
Portage County, OH
Vacancy
6.10%
Lease Rate
$5.98 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,660
Cap Rate 7%
$245,471
Cap Rate 9%
$190,922
Alternative Uses
Best Use
Warehouse
$245.5K
$214.8K – $286.4K
NOI $17,183 @ 7.0% cap · market cap 4.53%
Second Best
Retail
$202.8K
$177.4K – $236.6K
NOI $14,195 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$725.1K
$634.5K – $846.0K
NOI $50,759 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
29,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44241, OH
17,659
Population
7,756
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
795
Density / Sq Mi
$81,392
Median Household Income
$48,141
Median Earnings
$1,372
Median Rent
$190,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A combined showroom, office, and warehouse layout offers distinct customer-facing and work areas.
Where is this flex space located?
The property is located at 9040 State Route 14 Streetsboro, OH.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 3,600‑square‑foot freestanding flex building; Approximately 2,000 square feet of showroom and office space plus 1,600 square feet of warehouse; 12' x 12' overhead door and 8' x 8' rear overhead door
