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    29201 Anderson Rd Wickliffe, OH 44092

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    For Sale
    Contact for pricing

    67,000 SF Warehouse/Manufacturing Space

    Property size:
    67,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional owner-user opportunity presents a 67,000 square foot industrial property ideally suited for distribution, manufacturing, or warehouse operations. Situated on a 3.02-acre lot in Wickliffe, Ohio (44092), this single-story building boasts a range of features designed to enhance efficiency and productivity. The property includes seven 12'x12' and 12'x14' drive-in doors, along with one interior and one exterior truck dock, providing ample loading and unloading capabilities. A substantial 2,805 square feet of covered dock space further protects goods and equipment. Inside, the building offers a versatile layout with 65,866 square feet of warehouse space and 1,134 square feet of office space. Manufacturing amenities are extensive, including locker rooms, an air compressor and air lines, and 3-ton and 5-ton cranes. The robust electrical system features 800A/240V/3P power with buss duct distribution throughout. Built in phases between 1987 and 1995, the property is zoned for industrial use and offers ceiling heights ranging from 13'6" to 17'6". The sale price is $4,830,000, with a NNN lease rate of $5.50 per square foot. Ample outdoor storage space complements the substantial indoor area. This property is offered as a sale by owner.

    Property Features for 29201 Anderson Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    67,000 SF
    Lot Size
    131,551 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 67,000 total square feet building.
    • 1,134 square feet of office space.
    • 65,866 square feet of warehouse space.
    • $5.50 per square foot, NNN.
    • $4,830,000 sale price.
    • 3.02‑acre lot with ample outdoor storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wickliffe
    County
    Lake
    State
    Ohio
    Longitude
    -81.4810263
    Latitude
    41.6067072

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    FAQs

    What type of property is this?
    Distribution property - 67,000 SF Warehouse/Manufacturing Space
    Where is this distribution property located?
    The property is located at 29201 Anderson Rd Wickliffe, OH.
    What are key features of this property?
    This property features: 67,000 total square feet building.; 1,134 square feet of office space.; 65,866 square feet of warehouse space.
    Request Owner's contact information
    29201 Anderson Rd Wickliffe, OH 44092
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    Wickliffe, OH 44092
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    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
    29201 Anderson Rd Wickliffe, OH 44092
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