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Property profile & analytics
OFF-MARKET
Manufacturing properties

23555 Euclid Ave Euclid, OH 44117-1703

2.53 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1343122
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 2.53 ac (110,147 SF)
Zoning code U6
APN 647-19-001
UPID US66-1343122
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hbp Euclid I LLC · 8 yrs held
Hbp Euclid I LLC
since 2017
7 recorded transactions
2017
Price N/A
2012
Price N/A
2009
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
U6 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Industrial And Manufacturing
General category INDUSTRIAL
Zone area 1,181.59 ac
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