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    Property profile & analytics
    OFF-MARKET Estimated value $1,110,000
    Manufacturing properties

    12500 Berea Rd, Cleveland, OH 44111-1618

    3.4 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US66-1991055
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 12500 Berea Rd, Cleveland, OH 44111, offers a significant warehouse space opportunity. The single-tenant building provides flexible space ranging from 1,800 square feet to a substantial 50,000 square feet, catering to a variety of business needs. Its strategic location in Cleveland, Ohio ensures easy access to major transportation routes, streamlining logistics and distribution. The property boasts ample parking with 50 spaces available, ensuring convenient access for employees and clients. Loading and unloading are facilitated by two shared docks and three drive-in doors, optimizing operational efficiency. This warehouse is ideal for businesses seeking a well-maintained, spacious facility in a prime Cleveland location. The property is classified as Industrial, with a Warehouse subtype, and is available for lease as a single tenant space. The property's latitude and longitude coordinates are 41.4726272 and -81.7744394 respectively. This presents a rare opportunity to secure a significant warehouse space in a thriving Ohio market. Contact us today to learn more about leasing this exceptional property.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Lot 3.4 ac (148,104 SF)
    Zoning code I
    APN 315-24-009
    UPID US66-1991055
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Earnest Machine Products Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    12500 Partners LLC · 4 yrs held
    12500 Partners LLC
    since 2021
    Last sale
    $1.2M
    5 recorded transactions
    2021
    2021
    2021
    $1.2M
    2018
    $475,680
    2013
    $900,000
    Zoning & alternative use
    I · Cleveland, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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