Warehouse/Flex Unit with
9221 Ravenna Rd. Unit D-5 Twinsburg, OH 44087
9221 Ravenna Rd. Unit D-5, Twinsburg, OH, 44087
$120,000
For Sale
$120,000
Warehouse/flex unit offers a drive-in door and 12-foot clear height for contractor and light industrial use.
Property Size1,714 SF
Price / SF$70.01
Days on Market15
Property Features for 9221 Ravenna Rd. Unit D-5
General Information
- Standard status
- Active
- Size
- 1,714 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1990
Listing agency
NAI Pleasant Valley
(440) 591-3723
Listed by
Joseph Hauman, CCIM · License #SAL.2021007126
(440) 591-3723
Source
Naiglobal
Added: Jul 8 Updated: Jul 22 at 8:19AM Checked: Jul 22 at 8:19AM
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 NAI Pleasant Valley
Investment Insights
Based on property information with market context.
Available for sale is a warehouse/flex unit designed for contractor use, offering 1,714 square feet of flexible space. The unit includes one drive-in door and provides 12-foot clear height, supporting practical loading and working needs within the building.
The property is located at 9221 Ravenna Rd., Unit D-5 in Twinsburg, OH.
The property is located at 9221 Ravenna Rd., Unit D-5 in Twinsburg, OH.
Key Highlights
- Warehouse/flex unit built in 1990
- 1,714 SF warehouse/flex space
- Drive‑in door for easy loading and unloading
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.1k | $5.88 |
| − Vacancy | −$373 | −$0.22 |
| EGI | $9.7k | $5.66 |
| − OpEx | −$1.5k | −$0.85 |
| NOI | $8.2k | $4.81 |
1,714 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$117.9K
$103.1K – $137.5K
NOI $8,250 @ 7.0% cap · market cap 6.88%
Second Best
Industrial
$97.1K
$84.9K – $113.2K
NOI $6,794 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$420.6K
$368.1K – $490.7K
NOI $29,444 @ 7.0% cap · market cap 24.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shot Selector
Golf Course
CST Customs
Auto Repair Shop
Christian Community Fellowship ...
Charitable Organization
Kovach Car Care
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Warehouse/flex unit offers a drive-in door and 12-foot clear height for contractor and light industrial use.
Where is this flex space located?
The property is located at 9221 Ravenna Rd. Unit D-5 Twinsburg, OH.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Warehouse/flex unit built in 1990; 1,714 SF warehouse/flex space; Drive‑in door for easy loading and unloading
