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Property profile & analytics
OFF-MARKET
Distribution centers

20900 Miles Pkwy Warrensville Heights, OH 44128

14,900 SF 1.03 ac lot
Property ID
US66-1456191
Property summary
AI-generated overview

This exceptional 14,900-square-foot freestanding industrial warehouse, situated on a 1.03-acre lot in Warrensville Heights, Ohio (APN 762-25-008), presents a compelling investment opportunity. The property boasts a prime location, offering high visibility with frontage on both Miles Parkway and Miles Road, and enjoys convenient access to major transportation arteries, including the I-480 and I-271 interchange. A recent, comprehensive renovation has revitalized the building, encompassing a new roof and facade, along with numerous other significant upgrades. The expansive asphalt lot provides ample space for parking and outdoor storage, catering to diverse industrial needs. The building's design allows for potential expansion, with the possibility of adding additional drive-in doors or dock facilities. This property benefits from its strategic location across the street from an Amazon distribution facility, ensuring high traffic visibility and potential for synergistic business relationships. Furthermore, its location within a federally designated Opportunity Zone offers attractive tax advantages for qualified investors. This fully renovated, well-situated industrial property is ideal for a variety of manufacturing and warehousing operations. The asking price is $1,500,000. The property's address is 20900 Miles Pkwy, Warrensville Heights, OH 44128.

Property profile
Verified
Property type Distribution centers
Total area 14,900 SF
Lot 1.03 ac (44,867 SF)
APN 762-25-008
UPID US66-1456191
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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