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Property profile & analytics
FOR LEASE
Retail space

15651 West High St Middlefield, OH 44062

24,946 SF 4.59 ac lot Built 1964
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-1752959
15651 West High St, Middlefield, OH 44062 For Lease
$1,280,000
15651 West High St, Middlefield, OH 44062
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Property summary
AI-generated overview

This exceptional 3,000 square foot warehouse space, built in 1998, is ideally situated at 15651 W High Street in Middlefield, Ohio (44062). Located in the rear of the building, this single-tenant property offers convenient access and ample parking. The space is currently vacant and ready for immediate occupancy, with an estimated availability of January 2025. The property features one drive-in door, making loading and unloading efficient. Its versatile design makes it suitable for a variety of retail or industrial uses. This property is part of a larger complex, offering the potential for expansion with an adjacent 7,000 square foot warehouse space available via an interior connecting door. The location is highly advantageous, situated near Aldi's, other outlot businesses, and Walmart, ensuring high visibility and convenient access for customers. The property's APN is 19-016500. Prospective tenants should confirm permitted uses with the Middlefield Village authorities. This is a rare opportunity to secure a prime warehouse space in a thriving location. The property is a single-story building with a total of 3,000 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Total area 24,946 SF
Lot 4.59 ac (199,940 SF)
APN 19-016500
UPID US66-1752959
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
  • E&H Ace Hardware Building Supply Hardware & Home Improvement
  • Smiths Wholesale Appliances Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
$1.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M
Owner & transaction history
White Paw Properties INC · 5 yrs held
White Paw Properties INC
since 2021
Last sale
$1.3M
6 recorded transactions
2021
$1.3M
2018
$785,000
2012
$385,000
2010
$650,000
2004
Price N/A
2000
$67,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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