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Property profile & analytics

16651 Sprague Rd Strongsville, OH 44136

  • Life science properties
  • 14.49 lot acres
For Sale
Last Sale
Nov 15, 2022
$1,956,150
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-2746322
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.

Current Use by Public Records

  • Life science properties

Property Details for 16651 Sprague Rd

Lot size
14.49 lot acres
Zone code
RD
Property type
Life science properties
APN
395-09-003
APU
39509003

Description

This exceptional 30-acre industrial land parcel in Strongsville, Ohio, presents a unique investment opportunity. Located at 16651 Sprague Rd, with APN 395-09-002, 359-09-003, this fee simple property boasts Research & Development zoning, opening doors to a wide range of business uses. Comprehensive environmental and wetlands studies have already been completed and are available for review. The city of Strongsville offers attractive tax abatements and incentives, further enhancing the financial appeal. Benefit from the strategic location, providing easy access to major highways I-71, I-80, and I-480, placing your business within close proximity to key commercial hubs such as Southpark Mall, Cleveland Hopkins International Airport, and Dow Circle Business Park. The site's history as the former Akzo Nobel Headquarters and Research Facility ensures robust existing utility services are in place. A substantial ±13,073 square foot freestanding industrial building is also included on the property. This property offers a compelling combination of location, infrastructure, and zoning flexibility, making it an ideal site for a variety of industrial and research-oriented businesses. The Cuyahoga County location, with a 44136 zip code, offers excellent access to a skilled workforce and a thriving regional economy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,500,000
    ML approach
    $1,735,000

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


Location Insight

  • Map
  • Local Demand
City
Strongsville
County
Cuyahoga
State
Ohio
Longitude
-81.8158
Latitude
41.3475
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,836
$41,690
$17,500
$59,190
-
$119,100
$50,000
$169,100
More about this property
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