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    FOR SALE
    Manufacturing properties

    19200 Miles Rd, Cleveland, OH 44128-4106

    3,154 SF 0.16 ac lot Built 1950
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US66-6312202
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two industrial buildings situated on a 0.16-acre lot in Warrensville Heights, Ohio. The property, located at 19200 Miles Road, zip code 44128, comprises two structures built in 1950. The front building offers 3,154 square feet of space, while the rear building provides 2,293 square feet, previously used as an auto repair garage. The combined square footage totals between 2,293 and 3,154 square feet, offering flexibility for various uses. The property benefits from a convenient location, less than half a mile from Warrensville Center Road and within one mile of I-480, providing excellent access to major transportation routes. Its proximity to an Amazon distribution center further enhances its strategic value. The annual property taxes are $5,702.59. The parcel number is 762-12-004. This dual-building property presents a compelling opportunity for investors seeking a well-located industrial asset in a thriving area of Cuyahoga County. The buildings offer significant potential for redevelopment or continued use in their current configuration. This is a rare chance to acquire a pair of buildings in a prime location at an attractive price point.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1950
    Total area 3,154 SF
    Lot 0.16 ac (7,110 SF)
    Zoning code U-6
    APN 762-12-004
    UPID US66-6312202
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Js Remodeling LLC · 1 yrs held
    Js Remodeling LLC
    since 2024
    Last sale
    $115,000
    2 recorded transactions
    2024
    $115,000
    2023
    Zoning & alternative use
    U-6 · Cleveland, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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