Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1438 Highland Rd Twinsburg, OH 44087
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1438 Highland Rd Twinsburg, OH 44087

    View on Map
    • Distribution centers
    For Sale
    View Listing →
    Land with Potential Rail Access For Sale
    Contact for pricing

    Land with Potential Rail Access

    47.79 acres with potential rail access and highway proximity.

    1438 Highland Rd, Twinsburg, OH 44087
    View Listing
    Property ID
    US66-2398773
    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

    • Distribution centers

    Property Details for 1438 Highland Rd

    Property type
    Distribution centers
    Property subtype
    Land

    Description

    • 47.79 Acres on E. Highland Rd • Large Tract of Land • Potential Access to Rail Service • Easy Access to all Major Expressways • Great Location for Distribution

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Twinsburg
    County
    Summit
    State
    Ohio
    Longitude
    -81.472756
    Latitude
    41.290394

    Comparable in this City

    • Contact for pricing
      41,000 SF

      Industrial Investment Property For Sale

      Industrial property for sale with a new long-term lease.
      1760 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      14,976 SF

      Industrial Property Available For Sale

      Industrial property available for sale with 14976 square feet.
      1919 Case Pkwy N, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      40,405 SF

      Enterprise Parkway Industrial Property

      Industrial property available for sale.
      1760 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      3,612 SF

      Renovated Flex Space with Expansion

      Flex space with warehouse, office, expansion potential, and easy access.
      2077 Midway Dr, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      4,940 SF

      2307 E Aurora Road, Suite B-1A, Twinsburg, OH 44087

      Mixed-use properties • 4,940 SF
      2307 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing

      Land Available For Sale

      3.38 acres with high visibility and traffic counts.
      9 Darrow Rd, Twinsburg, OH 44087
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,000 SF

      Industrial Investment Property For Sale

      Industrial property for sale with a new long-term lease.
      1760 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      40,405 SF

      Enterprise Parkway Industrial Property

      Industrial property available for sale.
      1760 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      3,612 SF

      Renovated Flex Space with Expansion

      Flex space with warehouse, office, expansion potential, and easy access.
      2077 Midway Dr, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      4,940 SF

      2307 E Aurora Road, Suite B-1A, Twinsburg, OH 44087

      Mixed-use properties • 4,940 SF
      2307 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing

      Land Available For Sale

      3.38 acres with high visibility and traffic counts.
      9 Darrow Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      1,800 SF

      Twinsburg Industrial Space For Sale

      1,800 SqFt industrial property available in Twinsburg, Ohio.
      2305 E Aurora Rd, Twinsburg, OH 44087
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Twinsburg Flex Space Available

      Multi-tenant building featuring flex, industrial, and office spaces for lease.
      1927-1947 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      34,212 SF

      Twinsburg Warehouse with Office Space

      34,212 SF warehouse with 1,660 SF office space.
      8400 Darrow Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      51,850 SF

      Industrial/Office Space for Sublease

      51,906 SF industrial/office space available for sublease.
      2055 Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing

      Office and Warehouse Space Available

      Office and warehouse space for lease in Twinsburg, Ohio.
      2057 E Aurora Rd, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      50,000 SF

      Twinsburg Warehouse Investment Opportunity

      50,000 SF warehouse with office space for sale.
      2300 E Enterprise Pkwy, Twinsburg, OH 44087
      View Details
    • Contact for pricing
      2,160 SF

      Twinsburg Flex Space Available

      Flex space with office and warehouse areas for rent.
      8252 Darrow Rd, Twinsburg, OH 44087
      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.
    1438 Highland Rd
    Twinsburg, OH 44087
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!