23555 Euclid Ave Euclid, OH 44117-1703
This exceptional industrial property, located at 23555 Euclid Avenue in Cuyahoga County, offers a substantial 100,779 square feet of warehouse and manufacturing space. The building, constructed in 1940 and classified as Class B, features a single three-story structure situated on a generous 2.529-acre lot. The property is zoned U6 and boasts impressive features ideal for various industrial operations. The warehouse layout includes a functional design with 64' x 64' column spacing, providing ample room for storage and operations. Loading and unloading are facilitated by four dock doors and two drive-in doors, ensuring efficient material handling. The high ceilings, measuring 16 feet, accommodate a variety of equipment and storage needs. The property also benefits from heavy power supply, crucial for energy-intensive industrial processes. Its strategic location offers significant advantages, with close proximity to major transportation arteries like I-90 and State Route 2, ensuring seamless logistics and distribution. Furthermore, the property enjoys immediate access to retail amenities along Euclid Avenue, providing convenience for employees and visitors. The property is currently available for multiple tenants. The APN is 64719001. This is a rare opportunity to acquire a well-located and functional industrial property in a thriving area.
1359.05 SUPPLEMENTAL REGULATIONS FOR ALL USES. 1359.06 REGULATIONS FOR SPECIFIC USES. 1359.07 HEIGHT REQUIREMENTS. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363 U8 Office Building District…
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
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Property description
Physical attributes from public recordsZoning & alternative use
U6 · Euclid, OH1359.05 SUPPLEMENTAL REGULATIONS FOR ALL USES. 1359.06 REGULATIONS FOR SPECIFIC USES. 1359.07 HEIGHT REQUIREMENTS. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363 U8 Office Building Districts CHAPTER 1364 C-I Campus Institutional District CHAPTER 1365 Overlay Districts C
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Risks
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