24000 Lakeland Blvd Euclid, OH 44132-2618
This expansive Euclid, OH industrial property, encompassing 49,696 square feet on a 3.29-acre lot, presents a unique investment opportunity. Priced at $995,000, the building boasts a versatile layout ideal for various industrial applications. The substantial warehouse space features five large bay doors, facilitating efficient loading and unloading of goods. Heavy-duty equipment is easily accommodated thanks to a 10-ton lift and several additional lifts strategically positioned throughout the facility. A dedicated paint station adds to the property's functionality, enhancing its suitability for businesses requiring specialized finishing processes. The seamless integration of office space, conveniently connected to the shop floor via a lift, provides a comfortable and functional environment for administrative tasks and operational oversight. Three boilers ensure reliable and consistent heating throughout the year, minimizing downtime and maximizing productivity. This property offers a compelling combination of heavy industrial capabilities and well-appointed office amenities, making it an attractive prospect for businesses seeking a versatile and efficient workspace. The ample land area provides significant potential for future expansion or outdoor storage. This is a turnkey solution for businesses seeking a ready-to-occupy industrial facility in a prime location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U5 · Euclid, OHEuclid. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.