Freestanding Flex Space with
9040 State Route 14, Streetsboro, OH 44241
For Sale
$379,000
CommercialSale, Streetsboro, OH
Property Size3,600 SF
Lot Size0.40 Acres
Price / SF$105.28
Days on Market139
Property Features for 9040 State Route 14
General Information
Property type
Property subtype
Parking features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Mixed-Use Components
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Roof type
Buildings
Listing Agency:
Century 21 Homestar · Century 21 Real Estate
(440) 449-9100
Listed By:
Samantha D Wallauz · License #2016004981
(440) 477-8046
Added: Jun 22
Changed: Oct 24
Last Checked: Nov 7 at 11:06AM
MLS# 5221094
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This freestanding flex property contains 3,600 square feet arranged for showroom, office, and warehouse functions. The finished front area measures approximately 2,000 square feet and includes a conference room, private office, design center, restroom, heating, and central air. A new furnace and central air system were installed in 2023. The rear portion provides approximately 1,600 square feet of heated, open-span warehouse space with a 12' x 12' overhead door, an 8' x 8' rear overhead door, and a gas-fired shop heater.
The property is located at 9040 State Route 14 in Streetsboro, Ohio, with access to the Ohio Turnpike (I-80) and State Route 43. The Business District-zoned site occupies a 0.4-acre lot with approximately 95' x 183' dimensions, a newly paved asphalt parking lot for approximately 20 vehicles, a partially fenced rear yard, and a storage shed. Public water and public sewer serve the property.
The property is located at 9040 State Route 14 in Streetsboro, Ohio, with access to the Ohio Turnpike (I-80) and State Route 43. The Business District-zoned site occupies a 0.4-acre lot with approximately 95' x 183' dimensions, a newly paved asphalt parking lot for approximately 20 vehicles, a partially fenced rear yard, and a storage shed. Public water and public sewer serve the property.
Key Highlights
- 3,600‑square‑foot freestanding flex building with showroom, office, and warehouse areas
- Approximately 2,000 square feet of finished showroom and office space
- Approximately 1,600 square feet of heated open‑span warehouse space
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
2
Drive-in doors
29,000 VPD
Traffic count
Single-tenant
Tenancy
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
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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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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Business District-zoned facility combines finished offices with heated warehouse space and direct access to State Route 14.
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 with showroom, office, and warehouse areas; Approximately 2,000 square feet of finished showroom and office space; Approximately 1,600 square feet of heated open‑span warehouse space
