19200 Miles Rd, Cleveland, OH 44128-4106
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U-6 · Cleveland, OHCleveland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.