Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    18401 Sheldon Rd Middleburg Heights, OH 44130-2400

    • Manufacturing properties
    • 96,000 SF
    • 6.60 lot acres
    OFF-MARKET
    Value Estimation
    $5,970,000
    Last Sale
    Sep 10, 2020
    $6,305,000
    Location Intelligence
    Property ID
    US66-1571565
    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

    • Manufacturing properties

    Property Details for 18401 Sheldon Rd

    Year built
    1979
    Construction
    TYPE NOT SPECIFIED
    Lot size
    6.60 lot acres
    Property size
    96,000 SF
    Zone code
    GI
    Property type
    Manufacturing properties
    APN
    371-16-014
    APU
    37116014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,765,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,765,000
      6.5%
      $5,910,000
      7%
      $6,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,825,000
      Geo Method
      $7,175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,555,000
      Retail
      $6,415,000
      Mixed-Use
      $7,245,000
      Hospitality
      $7,025,000
      Educational
      $7,230,000
      Residential Income
      $6,090,000
      Energy
      $7,135,000
      Income-Based Land
      $5,770,000
      Food Service
      $6,630,000

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8301
    Latitude
    41.3878
    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
    $179,742
    $177,870
    $1,974,630
    $2,152,500
    -
    $508,200
    $5,641,800
    $6,150,000

    Comparable in this City

    • Value Estimation by Request
      132.06 Acres

      5400 Chevrolet Blvd

      HEAVY MANUFACTURING • 132.06 Acres
      5400 Chevrolet Blvd, Parma, OH 44130-1451
      View Details
    • Value Estimation
      $1,660,000
      2.07 Acres

      6880 Lk Abrams Dr

      MANUFACTURING (LIGHT) • 2.07 Acres
      6880 Lk Abrams Dr, Middleburg Heights, OH 44130-3455
      View Details
    • Value Estimation by Request
      24,450 SF

      18001 Sheldon Rd

      MANUFACTURING (LIGHT) • 24,450 SF
      18001 Sheldon Rd, Middleburg Heights, OH 44130-2465
      View Details
    • Value Estimation by Request
      0.84 Acres

      20303 1st Ave

      MANUFACTURING (LIGHT) • 0.84 Acres
      20303 1st Ave, Middleburg Heights, OH 44130-2433
      View Details
    • Value Estimation
      $415,000
      12.42 Acres

      12650 Brookpark Rd

      MANUFACTURING (LIGHT) • 12.42 Acres
      12650 Brookpark Rd, Cleveland, OH 44130-1154
      View Details
    • Value Estimation by Request

      5251 130th St

      MANUFACTURING (LIGHT)
      5251 130th St, Parma, OH 44130-1033
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      670,702 SF

      Independence Warehouse For Sale

      670,702 SF warehouse property available for sale.
      8001 Pleasant Valley Rd, Independence, OH 44130
      View Details
    • Contact for pricing
      16.60 Acres

      Parma Industrial Land - Build-to-Suit

      16.6-acre industrial site, build-to-suit up to 250,000 SF.
      5389 130 St, Parma, OH 44130
      View Details
    • Contact for pricing
      1.00 Acre

      Pearl Plaza Commercial Land

      Prime Middleburg Heights land, build-to-suit.
      6850 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • $1,440,000
      3.15 Acres

      Middleburg Heights Commercial Building For Sale

      Renovated commercial building with income and development potential.
      18820 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing

      4.6 Acres Zoned Motor Services

      4.6 acres of commercial land with freeway exposure.
      Engle Lake Dr, Middleburg Heights, OH 44130
      View Details
    • $775,000
      6.00 Acres

      Middleburg Heights Development Opportunity

      Approximately 6 acres of vacant land in Middleburg Heights, OH.
      6689 Fry Rd, Middleburg Heights, OH 44130
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      143,000 SF

      High Cube Industrial Building

      364,000 SF Class A industrial building with highway access.
      18300 Snow Rd, Brook Park, OH 44130
      View Details
    • $7 SF/Yr
      5,550 SF

      Flex Space with Highway Access

      Flex space with ample parking and excellent highway access.
      5251-5265 Commerce Pkwy West, Cleveland, OH 44130
      View Details
    • Contact for pricing
      4,290 SF

      Industrial Space Near I-71

      4,290 SF warehouse and office space with dock.
      17851 Englewood Dr, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      25,000 SF

      Engle Road Industrial/Office Space

      Prime 25,000 SF Ohio Warehouse/Office
      17450 Engle Rd, Middleburg Heights, OH 44130
      View Details
    • $6 SF/Yr
      27,753 SF

      Warehouse Space Near Airport

      Warehouse space available for lease near Cleveland Hopkins Airport.
      19695 Commerce Ct, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      71,305 SF

      Industrial Warehouse Space Available

      Industrial warehouse space for lease in Middleburg Heights, OH.
      6880 Lk Abram Dr, Middleburg Heights, OH 44130
      View Details
    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.
    18401 Sheldon Rd
    Middleburg Heights, OH 44130-2400
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.