Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10600 Berea Rd Cleveland, OH 44102
    Back to Search
    Property profile & analytics

    10600 Berea Rd Cleveland, OH 44102

    View on Map
    • Warehouses
    • 80,528 SF
    • 4.11 lot acres
    For Lease
    $1,335,000
    View Listing →
    Industrial Outdoor Storage Space Available For Lease
    $1,335,000

    Industrial Outdoor Storage Space Available

    Industrial outdoor storage space for lease near Route 90.

    10600 Berea Rd, Cleveland, OH
    View Listing
    Property ID
    US66-2453855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 10600 Berea Rd

    Year built
    1905
    Construction
    WOOD
    Lot size
    4.11 lot acres
    Property size
    80,528 SF
    Zone code
    GI
    Property type
    Warehouses
    APN
    001-34-001
    APU
    134001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,514,000
      Market price range: $1.51M - $4.42M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7601
    Latitude
    41.4783
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,288
    $63,390
    $179,800
    $243,190
    -
    $181,100
    $513,700
    $694,800

    Comparable in this City

    • Value Estimation by Request
      1,526 SF

      5320 Lorain Ave

      WAREHOUSE, STORAGE • 1,526 SF
      5320 Lorain Ave, Cleveland, OH 44102-3334
      View Details
    • Value Estimation by Request
      2,306 SF

      5001 Lorain Ave

      WAREHOUSE, STORAGE • 2,306 SF
      5001 Lorain Ave, Cleveland, OH 44102-3355
      View Details
    • Value Estimation by Request
      6,536 SF

      9700 Lorain Ave, Unit 6

      WAREHOUSE, STORAGE • 6,536 SF
      9700 Lorain Ave, Cleveland, OH 44102-4754
      View Details
    • Value Estimation by Request
      1,886 SF

      5529 Storer Ave

      WAREHOUSE, STORAGE • 1,886 SF
      5529 Storer Ave, Cleveland, OH 44102-5735
      View Details
    • Value Estimation by Request
      5,160 SF

      1572 116th St

      WAREHOUSE, STORAGE • 5,160 SF
      1572 116th St, Cleveland, OH 44102-2332
      View Details
    • Value Estimation by Request
      2,657 SF

      3224 73rd St

      WAREHOUSE, STORAGE • 2,657 SF
      3224 73rd St, Cleveland, OH 44102-5266
      View Details

    Similar Nearby for Sale

    • $799,000
      24,322 SF

      Cleveland Industrial Building For Sale

      24,322 SF industrial building suitable for distribution and warehousing.
      4900 Train Ave, Cleveland, OH 44102
      View Details
    • Contact for pricing

      Cleveland Warehouse Near Downtown

      153,572 SF warehouse on 4.79 acres near highways.
      10302 Madison Ave, Cleveland, OH 44102
      View Details
    • Contact for pricing
      153,572 SF

      Industrial Property in Cleveland, Ohio

      153,572 SF industrial property with multiple features for sale.
      10302 Madison Ave, Cleveland, OH 44102
      View Details
    • $199,900
      0.08 Acres

      Commercial Building Near I-90

      Centrally located commercial building with over 5000 square feet.
      7216 Clark Ave, Cleveland, OH 44102
      View Details
    • Contact for pricing
      29,150 SF

      Industrial Property for Sale

      Industrial property available for sale in Cleveland, OH.
      8400 Madison Ave, Cleveland, OH 44102
      View Details
    • $549,000

      Rare Corner Lot with Views

      Prime real estate near popular neighborhoods with lake views and easy access.
      1370 W 49Th St, Cleveland, OH 44102
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      75,987 SF

      Air-Conditioned Industrial Space Available

      75,987 SF industrial space with manufacturing amenities for lease.
      5502 Cass Ave, Cleveland, OH 44102
      View Details
    • Contact for pricing
      5,450 SF

      Cleveland Flex Space For Lease

      Highly visible flex space in a connected Cleveland corridor.
      10237 Berea Rd, Cleveland, OH 44102
      View Details
    • Contact for pricing
      90,075 SF

      High Bay Warehouse with Heavy Power

      90,075 SF warehouse with heavy power near I-71.
      5300 W 56Th St, Cleveland, OH 44102
      View Details
    • Contact for pricing
      79,515 SF

      Two-Story Warehouse Near I-90

      Two-story warehouse with secured storage, near Detroit Shoreway.
      9007 Detroit Ave, Cleveland, OH 44102
      View Details
    • $6 SF/Yr
      10,200 SF

      Industrial Space Available For Lease

      Industrial property featuring 10,200 square feet available for lease.
      2201-2235 W 110Th St, Cleveland, OH 44102
      View Details
    • Contact for pricing
      9,100 SF

      Warehouse Space Near I-90

      9,100 SF warehouse with easy highway access.
      11201-11311 Franklin Blvd, Cleveland, OH 44102
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10600 Berea Rd
    Cleveland, OH 44102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10600 Berea Rd, Cleveland, OH, 44102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!