Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16651 Sprague Rd Strongsville, OH 44136

    For Sale
    Contact for pricing

    Prime 30-acre industrial site, R&D zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 30-acre industrial land parcel in Strongsville, Ohio, presents a unique investment opportunity. Located at 16651 Sprague Rd, with APN 395-09-002, 359-09-003, this fee simple property boasts Research & Development zoning, opening doors to a wide range of business uses. Comprehensive environmental and wetlands studies have already been completed and are available for review. The city of Strongsville offers attractive tax abatements and incentives, further enhancing the financial appeal. Benefit from the strategic location, providing easy access to major highways I-71, I-80, and I-480, placing your business within close proximity to key commercial hubs such as Southpark Mall, Cleveland Hopkins International Airport, and Dow Circle Business Park. The site's history as the former Akzo Nobel Headquarters and Research Facility ensures robust existing utility services are in place. A substantial ±13,073 square foot freestanding industrial building is also included on the property. This property offers a compelling combination of location, infrastructure, and zoning flexibility, making it an ideal site for a variety of industrial and research-oriented businesses. The Cuyahoga County location, with a 44136 zip code, offers excellent access to a skilled workforce and a thriving regional economy.

    Property Features for 16651 Sprague Rd

    General Information

    Property type
    Land
    Lot Size
    1,306,800 SF

    HighLights

    • ±30‑acre industrial land parcel with R&D zoning.
    • Environmental and wetlands studies completed; reports available.
    • Attractive tax abatements and incentives offered by the City of Strongsville.
    • Excellent highway access via I‑71, I‑80, and I‑480.
    • Strategic location near Southpark Mall, Cleveland Hopkins International Airport, and Dow Circle Business Park.
    • Former Akzo Nobel facility; existing utilities in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8165522
    Latitude
    41.349384

    Nearby Similar for Sale

    • $1,450,000
      7,957 SF

      Ohio Childcare Center For Sale

      7,957 SF childcare center in Strongsville, OH for sale.
      17290 Pearl Rd, Strongsville, OH
      View Details
    • $2,142,723

      Strickland Brothers Auto Shop

      Drive-thru oil change service with maintenance check.
      18488 Pearl Rd, Strongsville, OH
      View Details
    • $2,800,000
      3,103 SF

      NNN Restaurant Property For Sale

      Long-term NNN lease with attractive escalations in Strongsville, OH.
      12380 Pearl Rd, Strongsville, OH
      View Details
    • $495,000
      6,876 SF

      Restaurant with Outdoor Patio & Bar

      Turnkey restaurant opportunity with liquor license, FF&E, and recipes.
      14952 Pearl Rd, Strongsville, OH
      View Details
    • $3,253,460
      46,478 SF

      Strongsville Manufacturing Facility on Drake

      46,478 SF manufacturing facility with ample space.
      21845 Drake Rd, Strongsville, OH
      View Details
    • $870,000
      12,490 SF

      Climate Controlled Warehouse with Expansion

      12,490 SF warehouse with expansion potential near airport.
      8388 Dow Cir, Strongsville, OH 44136
      View Details

    FAQs

    What type of property is this?
    Land - Prime 30-acre industrial site, R&D zoning.
    Where is this land located?
    The property is located at 16651 Sprague Rd Strongsville, OH.
    What are key features of this property?
    This property features: ±30-acre industrial land parcel with R&D zoning.; Environmental and wetlands studies completed; reports available.; Attractive tax abatements and incentives offered by the City of Strongsville.
    Request Owner's contact information
    16651 Sprague Rd Strongsville, OH 44136
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16651 Sprague Rd
    Strongsville, OH 44136
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16651 Sprague Rd Strongsville, OH 44136
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.