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    23660 Miles Rd Bedford Heights, OH 44128-5435
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    Property profile & analytics

    23660 Miles Rd, Bedford Heights, OH 44128-5435

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    • Office buildings
    • 13,898 SF
    • 0.77 lot acres
    Off-Market
    Property ID
    US66-1999009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 23660 Miles Rd

    Year built
    1971
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.77 lot acres
    Zone code
    I
    Property type
    Office buildings
    APN
    791-07-001
    APU
    79107001

    Description

    This exceptional investment opportunity presents a 23,469-square-foot multi-tenant warehouse located at 23660 Miles Road in Bedford Heights, Ohio, within Cuyahoga County, zip code 44128. The property, built in 1971, is currently listed at $1,030,000, translating to a price per square foot of $51. All tenants are on leases expiring at the end of 2024, many with a significant history of occupancy. This presents a compelling acquisition opportunity well below current replacement costs. The property boasts significant recent improvements: the front roof features a brand-new TPO roof complete with a warranty, while the back roof, installed in 2007, still benefits from a remaining portion of its 20-year warranty. Strategically positioned less than half a mile from the intersection of Interstates 480 and 271, this warehouse enjoys excellent access to major transportation arteries, enhancing its logistical appeal and potential for future growth. This is a rare chance to acquire a well-maintained, strategically located industrial property with strong tenant occupancy and significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $480,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $595,000
      Market price range: $596k - $2.49M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.512
    Latitude
    41.4239
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,724
    $16,240
    $169,580
    $185,820
    -
    $46,400
    $484,500
    $530,900
    More about this property
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