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Property profile & analytics
OFF-MARKET
Warehouses

38333 Willoughby Pkwy Wellington, OH 44090

8,232 SF 0.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional freestanding office and warehouse property, located at 38333 Willoughby Parkway in Willoughby, Ohio (zip code 44090), presents a unique investment opportunity. The 8,232 square foot building sits on a 0.89-acre lot and offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The warehouse area encompasses approximately 7,000 square feet, featuring a 16-foot ceiling height, one loading dock, one 14-foot drive-in door, and 120 amps of 3-phase power. The office space comprises roughly 1,200 square feet, providing ample room for administrative functions. The property benefits from its strategic location, offering convenient access to major transportation arteries. It's situated near residential areas and enjoys close proximity to the Route 2 and I-90 interchange, experiencing high daily traffic volumes—71,598 vehicles on Route 2 and 78,141 on I-90. This prime location ensures excellent visibility and accessibility for employees and clients alike. The asking price for this well-maintained property is $599,000. This represents a compelling opportunity to acquire a functional and strategically located commercial property in a thriving area of Lake County, Ohio.

Property profile
Verified
Property type Warehouses
Total area 8,232 SF
Lot 0.89 ac (38,768 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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