Property profile

12312 Alameda Dr Strongsville, OH 44149

OFF-MARKET
Manufacturing properties
Property ID
US66-1470397
39,206 SF 4.46 ac lot Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 39,206 SF
Lot 4.46 ac (194,373 SF)
Zoning code GI
APN 392-23-018
UPID US66-1470397

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Industrial Manufacturer Production Facility
  • Corporate Office Business Park

Location

12312 Alameda Dr Strongsville, OH 44149-3023
Strongsville metro Census 186103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.76M
CAP Approach CAP
$2.48M
Comparable Approach Comparable
$1.87M
Blend (final) Blend
$2.30M

Owner & transaction history

since 2022
Last sale
$3.0M
5 recorded transactions
2022
Price N/A
2022
$3.0M
2010
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

GI · Strongsville, OH
Zoning description

Buildings and land shall be used, and buildings shall be designed, erected, altered, moved and maintained, in whole or in part, in a General Industrial District

General category INDUSTRIAL
Top alternative use upside
Medical building $4.3M +152.0%
Neighborhood: shopping center $4.0M +134.9%
Auto repair, garage $3.5M +106.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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