20900 Miles Pkwy Warrensville Heights, OH 44128
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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