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    8023 Crile Rd Painesville, OH 44077

    Sponsored
    For Lease
    Contact for pricing

    Lake County retail warehouse, 2 suites available.

    Lot size:
    12,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail warehouse property, located at 8023 Crile Rd in Painesville, Ohio, offers a total of 12,205 square feet of space currently available for lease. The property is comprised of two suites, providing flexibility for various business needs. Individual suites range in size from a minimum of 1,620 square feet to a maximum contiguous space of 10,585 square feet, making it suitable for a variety of tenants. The entire 12,205 square feet is currently vacant, presenting a unique opportunity for a single large tenant or the potential for two separate occupants. Ample parking is provided with 69 spaces available for customers and employees. The property is conveniently located in Lake County, Ohio, with easy access to major transportation routes (specific details not provided). This versatile space is ideal for businesses requiring both retail storefront and warehouse storage capabilities. The property's zoning classification is not specified, but the existing use as a retail warehouse suggests suitability for similar businesses. The property is situated at 41.6531237 latitude and -81.2388896 longitude, in the 44077 zip code. This prime location offers excellent visibility and accessibility for customers. Contact us today to learn more about leasing opportunities.

    Property Features for 8023 Crile Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,205 SF

    Unit(s) available at that property

    Space
    SUITE 107
    Size
    10,585 SF
    Space
    SUITE 103
    Size
    1,620 SF

    HighLights

    • Concord Township boasts a population of 18,245 (2014 data), exhibiting 46.76% growth since 2000.
    • Average household income within one mile is $146,685.
    • Property situated in a rapidly developing retail and residential area.
    • Unique opportunity for combined retail and warehouse/office use.
    • 1,620 SF of retail space and up to 10,585 SF of warehouse space, plus 69 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2388896
    Latitude
    41.6531237

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    FAQs

    What type of property is this?
    Distribution property - Lake County retail warehouse, 2 suites available.
    Where is this distribution property located?
    The property is located at 8023 Crile Rd Painesville, OH.
    What are key features of this property?
    This property features: Concord Township boasts a population of 18,245 (2014 data), exhibiting 46.76% growth since 2000.; Average household income within one mile is $146,685.; Property situated in a rapidly developing retail and residential area.
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    Painesville, OH 44077
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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
    8023 Crile Rd Painesville, OH 44077
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