Technical
Financial
Distress signals
Property profile

19540 Progress Dr Strongsville, OH 44149

OFF-MARKET
Office buildings
Property ID
US66-1868831
4,216 SF 2.97 ac lot Built 1966
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction TYPE NOT SPECIFIED
Total area 4,216 SF
Lot 2.97 ac (129,243 SF)
Zoning code GI
APN 392-26-004
UPID US66-1868831

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Marketing & Advertising Printing Service

Location

19540 Progress Dr Strongsville, OH 44149-3204
Strongsville metro Census 186103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.71M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$3.82M

Owner & transaction history

since 2021
Last sale
$2.8M
7 recorded transactions
2021
$2.8M
2021
Price N/A
2020
$1.6M
2019
Price N/A
2019
Price N/A
2018
Price N/A
2014
Price N/A

Zoning & alternative use

GI · Strongsville, OH
Zoning description

Buildings and land shall be used, and buildings shall be designed, erected, altered, moved and maintained, in whole or in part, in a General Industrial District

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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