Property summary
This 3,151 square foot industrial property, located at 16321 Rockside Rd, Maple Heights, OH 44137, presents a compelling value-add investment opportunity. The single-story, 1957-built building sits on a 0.16-acre lot and boasts a 12' 5" ceiling height, perfect for various uses. Renovated in 2014, the property features two drive-in doors, 400 amps of power, and ten parking spaces. Currently vacant, the property offers immediate occupancy from April 1, 2024. The asking price is $165,000, translating to $52.36 per square foot and $1,031,250 per acre for the land. Classified as Class C with a modified lease type, this flex space is zoned RMF (Zoning Provision), allowing for diverse redevelopment options including multi-family, flex-industrial, and retail uses. The property's location on Rockside Road offers high traffic counts, enhancing its potential for various commercial ventures. The building is of block construction and includes mezzanine space. This free and clear ownership opportunity is ideal for investors seeking a flexible, high-traffic location with significant redevelopment potential in Cuyahoga County. The property's features, zoning flexibility, and prime location make it an attractive investment prospect.
Property profile
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It is the purpose of the RMF District to encourage the establishment and retention of varying densities of residential neighborhoods consisting of multifamily dwellings, two family dwellings and single family dwellings,…
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Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RMF · Maple Heights, OHIt is the purpose of the RMF District to encourage the establishment and retention of varying densities of residential neighborhoods consisting of multifamily dwellings, two family dwellings and single family dwellings,…
Zoning
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Official district profile
It is the purpose of the RMF District to encourage the establishment and retention of varying densities of residential neighborhoods consisting of multifamily dwellings, two family dwellings and single family dwellings,…
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