Listing Agency: Cresco Real Estate | Cleveland Show Phone

Listed By: Alex Valletto

Source: Moodyscre

Added: Jan 9 Changed: Aug 30 Last Checked: Aug 31 at 3:41PM

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Investment Insights

Based on property information with market context.

This 113,900-square-foot warehouse property is configured for warehousing or manufacturing use. Recent capital work includes replacement of selected roof sections, enhancements to the sprinkler system, and updates to the building façade. The facility also includes vacant space that may support additional occupancy under future management.

Located in Novelty, the property is minutes from I-271 and provides access to Chagrin Falls, Chesterland, and Solon. Its position within Geauga County connects the facility with established business areas and surrounding labor markets.

Key Highlights

• 113,900‑square‑foot warehouse property
• Suitable for warehousing or manufacturing use
• New roof sections completed

Property Analytics

Property Profile

Current Use

Manufacturing properties

Suggested Use

Top Pick Grocery & Convenience Store Hair Salon Computer & Electronic Repair Home Appliance Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Sprinkler system

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 44072, OH

4,583

Population

2,011

Households

2.3

Avg Household Size

52

Median Age

45%

College-Educated

93%

High-School Grad

18.5 sq mi

ZIP Area

248

Density / Sq Mi

$99,671

Median Household Income

$47,931

Median Earnings

$1,191

Median Rent

$330,300

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Similar Off Market Nearby

• West Geauga Self Storage — 10093 Kinsman Rd, Novelty, OH 44072
• Chagrin Valley Mini Storage — 10056 Kinsman Rd, Novelty, OH 44072

Frequently Asked Questions

What type of property is this?

Warehouse - Industrial building with recent roof, sprinkler, and façade improvements.

Where is this warehouse located?

The property is located at 9988 Kinsman Rd Novelty, OH.

What is the asking price?

The asking price for this property is $4,556,800.

What are key features of this property?

This property features: 113,900‑square‑foot warehouse property; Suitable for warehousing or manufacturing use; New roof sections completed