Flex Space with Two Drive-In
For Sale
Contact for pricing
9337 Ravenna Rd, Twinsburg, OH 44087
Flex space with office and warehouse areas, 12-foot clear height, and two 10-by-10 drive-in doors.
Property Size3,564 SF
Price / SF$81.37
Days on Market25
Property Features for 9337 Ravenna Rd
General Information
Standard status
Active
Size
3,564 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Warehouse Space
2,926 SF
Office Build-Out
638 SF
Drive-In Doors
2
Additional Details
Asking Price
$290,000
Office Units
2
Listing Agency:
NAI Pleasant Valley - Independence
(440) 591-3723
Listed By:
Joe Hauman · License #SAL.2021007126
(440) 591-3723
Source:
Moodyscre
Added: Jul 6
Changed: Jul 30
Last Checked: Jul 30 at 11:01AM
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 - Independence
Investment Insights
Based on property information with market context.
Flex space offering 3,564 SF total, with 638 SF office space and 2,926 SF warehouse area. The building features two drive-in doors, each measuring 10' x 10', and 12' clear height.
Two condo units are available for sale or lease, providing flexibility for users who want to occupy and operate with a mix of office and warehouse space.
The layout is set up for straightforward distribution or light warehouse operations supported by on-site office space, with the drive-in doors and clear height designed to accommodate day-to-day loading and storage needs.
Two condo units are available for sale or lease, providing flexibility for users who want to occupy and operate with a mix of office and warehouse space.
The layout is set up for straightforward distribution or light warehouse operations supported by on-site office space, with the drive-in doors and clear height designed to accommodate day-to-day loading and storage needs.
Key Highlights
- 3,564 SF flex space with 638 SF office and 2,926 SF warehouse
- Two condo units available for sale or lease
- Two drive‑in doors, each 10' x 10'
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 | $21.0k | $5.88 |
| − Vacancy | −$775 | −$0.22 |
| EGI | $20.2k | $5.66 |
| − OpEx | −$3.0k | −$0.85 |
| NOI | $17.2k | $4.81 |
3,564 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$602.2K
$526.9K – $702.5K
NOI $42,152 @ 7.0% cap · market cap 14.54%
Second Best
Warehouse
$245.1K
$214.4K – $285.9K
NOI $17,154 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$874.6K
$765.3K – $1.02M
NOI $61,225 @ 7.0% cap · market cap 21.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12 ft
Clear height
2
Drive-in doors
2
Office units
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44087, OH
22,626
Population
9,146
Households
2.5
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,257
Density / Sq Mi
$95,810
Median Household Income
$59,762
Median Earnings
$1,333
Median Rent
$290,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with office and warehouse areas, 12-foot clear height, and two 10-by-10 drive-in doors.
Where is this flex space located?
The property is located at 9337 Ravenna Rd Twinsburg, OH.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 3,564 SF flex space with 638 SF office and 2,926 SF warehouse; Two condo units available for sale or lease; Two drive‑in doors, each 10' x 10'
