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    37988 Avon Commerce Pkwy Avon, OH 44011

    Sponsored
    For Lease
    Contact for pricing

    Modern industrial space, flexible layouts, rail access.

    Lot size:
    120,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Avon International Commerce Park offers 120,000 square feet of Class A industrial space in Avon, Ohio (44011), situated on a 160-acre lot at 37988 Avon Commerce Pkwy. This multi-building complex features three single-story structures, each with 32-foot ceiling heights, perfect for manufacturing, flex, R&D, or general industrial uses. The park boasts 12 dock-high doors and ample parking with 320 spaces. Currently, there are multiple tenancy options available. Phase II offers 55,000 square feet available in Q4 2024, and Phase III provides 57,000 square feet available in Q1 2025. Future phases are also planned. The minimum divisible space is 55,000 square feet, with a maximum contiguous space of 120,000 square feet. The property is zoned for Business Commercial, M1, and M2 uses and benefits from convenient access to Norfolk Southern Railway. Located in the West submarket, encompassing Avon, Westlake, and Bay Village, this property offers excellent access to major transportation routes.

    Property Features for 37988 Avon Commerce Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,000 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Phase II & III
    Size
    120,000 SF

    HighLights

    • Multiple buildings totaling 1,000,000 square feet available.
    • Norfolk Southern Railway access.
    • ±159 acres of land.
    • 32' minimum clear height.
    • 50' x 50' column spacing.
    • LED lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -82.047702830779
    Latitude
    41.477013807807

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    FAQs

    What type of property is this?
    Life science property - Modern industrial space, flexible layouts, rail access.
    Where is this life science property located?
    The property is located at 37988 Avon Commerce Pkwy Avon, OH.
    What are key features of this property?
    This property features: Multiple buildings totaling 1,000,000 square feet available.; Norfolk Southern Railway access.; ±159 acres of land.
    Request Owner's contact information
    37988 Avon Commerce Pkwy Avon, OH 44011
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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
    37988 Avon Commerce Pkwy Avon, OH 44011
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