10160 Philipp Pkwy Streetsboro, OH 44241
- Retail space
- 57,400 SF
- 5.50 lot acres
Current Use by Public Records
- Steel Plate Akron / Steel Fabricator
Property Details for 10160 Philipp Pkwy
- Year built
- 1995
- Lot size
- 5.50 lot acres
- Property size
- 57,400 SF
- Property type
- Retail space
- APN
- 35-013-00-00-001-001
- APU
- 350130000001001
Description
This exceptional 57,662-square-foot industrial property, located at 10160 Philipp Pkwy in Streetsboro, Ohio, 44241, is a single-tenant manufacturing and warehouse facility built in 1995 and extensively renovated in 2019. The building boasts impressive features including a ceiling height ranging from 25'4" to 28', making it ideal for various industrial uses. Loading and unloading is efficient with two recently installed truck docks equipped with levelers and four 14'x14' drive-in doors serving two drive-through bays. The property also features a heavy crane facility with six cranes available, ranging in capacity from 10 to 35 tons, offering 20' of clear height under the hook. The approximately 6,200-square-foot office space is also recently renovated. The building sits on an 8-inch thick floor, providing a robust foundation. Its strategic location offers easy access to major transportation arteries, being just half a mile from the I-480 interchange and one mile from the Ohio Turnpike. Furniture, fixtures, and equipment may be available for purchase. This property presents a rare opportunity to acquire a well-maintained, highly functional industrial space in a prime Streetsboro location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,225,000
- 6.5%
- $5,440,000
- 7%
- $5,800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,810,000
- Geo Method
- $4,460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,305,000
- Retail
- $5,310,000
- Mixed-Use
- $5,120,000
- Hospitality
- $5,490,000
- Educational
- $5,960,000
- Residential Income
- $5,560,000
- Energy
- $5,885,000
- Income-Based Land
- $4,515,000
- Food Service
- $4,585,000
Location Insight
- Map
- Local Demand
- City
- Streetsboro
- County
- Portage
- State
- Ohio
- Longitude
- -81.3725
- Latitude
- 41.2653
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA