1935 337th St Eastlake, OH 44095-5230
This exceptional investment opportunity presents a well-maintained, multi-tenant industrial building located at 1935 E 337th Street in Eastlake, Ohio. The property encompasses a total of 4,450 square feet and sits on a 0.38-acre lot, providing ample space for multiple tenants and operations. The building currently boasts existing leases extending through April 2025, with a one-year option available, ensuring a steady stream of income for the new owner. Approximately 18 parking spaces are available, offering convenient access for tenants and their clients. A comprehensive 2023 appraisal of the property is included in the sale, providing valuable insight into the property's current market value. Detailed rent rolls and lease agreements will be provided to qualified buyers upon request, allowing for a thorough due diligence process. This property represents a strong investment opportunity in a desirable Eastlake location, offering both immediate income and long-term potential. The building's excellent condition and existing leases make this a low-risk, high-reward investment prospect. Serious inquiries are encouraged to explore this promising opportunity further. Contact the listing agent for more information and to schedule a showing.
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
G-IND · Eastlake, OHCosts & 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.