12375 Kinsman Rd Newbury, OH 44065
- Manufacturing properties
- 1,844 SF
- 17.77 lot acres
Current Use by Public Records
- Calkins Law Firm / Law Firm
Property Details for 12375 Kinsman Rd
- Year built
- 1951
- Lot size
- 17.77 lot acres
- Property size
- 1,844 SF
- Property type
- Manufacturing properties
- APN
- 23-158500
- APU
- 23158500
Description
This exceptional office space, located at 12375 Kinsman Rd, Newbury, OH 44065, offers a variety of flexible leasing options within a traditional office building. The property, constructed in 1970, boasts a total of 1,400 square feet and is available for multiple tenants. Individual suites can be leased with a minimum size of 105 square feet, providing scalability to accommodate businesses of various sizes. The building offers fully furnished offices, a significant advantage for businesses seeking immediate occupancy and minimizing upfront setup costs. High-speed WiFi is included in the lease, eliminating the need for separate internet service contracts. The precise pricing for the available space is determined on a case-by-case basis, depending on the size of the leased area. Interested parties are encouraged to contact the listing provider for detailed pricing information and to schedule a viewing of this conveniently located Newbury office space. The property is situated in Ohio, offering easy access to local amenities and transportation networks. This is an excellent opportunity for businesses seeking a well-equipped and conveniently located office space in a traditional setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,965,000
- 6.5%
- $2,880,000
- 7%
- $3,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,350,000
- Geo Method
- $2,995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,120,000
- Retail
- $2,580,000
- Mixed-Use
- $3,420,000
- Hospitality
- $3,310,000
- Educational
- $2,965,000
- Residential Income
- $2,905,000
- Energy
- $2,945,000
- Income-Based Land
- $3,345,000
- Food Service
- $2,815,000
Location Insight
- Map
- Local Demand
- City
- Newbury
- County
- Geauga
- State
- Ohio
- Longitude
- -81.1952
- Latitude
- 41.4692
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA