3270 79Th St Cleveland, OH 44104
- Manufacturing properties
- 13.77 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 3270 79Th St
- Lot size
- 13.77 lot acres
- Zone code
- GI
- Property type
- Manufacturing properties
- APN
- 125-23-018
- APU
- 12523018
Description
This exceptional Cleveland industrial property, located at 3270 E 79th St, offers a rare opportunity. The 11-acre site boasts three separate warehouse buildings totaling 62,500 square feet, providing ample space for various industrial uses. The buildings feature clear span construction, with ceiling heights ranging from 19 feet to 29 feet 6 inches, accommodating a wide array of equipment and storage needs. Fifteen drive-in doors ensure efficient loading and unloading. The property is conveniently situated in central Cleveland, offering easy access to I-77, and benefits from extensive outside storage space. Built in 1923, the buildings are zoned for industrial use, making them suitable for a variety of businesses. Three individual spaces are currently available, ranging in size from 9,050 square feet to 30,000 square feet, offering flexibility for tenants of varying sizes. This is a unique opportunity to acquire a substantial industrial property in a prime Cleveland location. The property's size, location, and features make it an attractive investment for businesses seeking a versatile and well-located industrial space. Contact us today to learn more about this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $750,000
- 6.5%
- $805,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $680,000
- Mixed-Use
- $735,000
- Hospitality
- $835,000
- Educational
- $675,000
- Residential Income
- $770,000
- Energy
- $815,000
- Income-Based Land
- $840,000
- Food Service
- $720,000
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6342
- Latitude
- 41.4701
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA