24300 Solon Rd, Bedford Heights, OH 44146-4778
This exceptional 130,000-square-foot industrial complex in Bedford Heights, Ohio, presents a rare opportunity. Located at 24300 Solon Road, this Class B, multi-tenant property offers a compelling investment for owner-users seeking a cash-flowing asset. The property boasts 50,460 square feet of net rentable space and features eight loading docks, 15-20 foot ceiling heights, and approximately 4.97 acres of land. Built in 1941 and renovated in 2012, the complex currently houses fourteen tenants. Significant improvements include approximately 70% roof replacement since 2015, backed by transferable 20-year warranties. The property is fully sprinklered and equipped with a comprehensive surveillance system. Additional amenities include roughly two acres of land dedicated to parking and outdoor storage. Most units have undergone recent renovations, featuring fresh paint, resurfaced flooring, and energy-efficient LED lighting. The asking price is $2,999,000, with a price per square foot of $23.07. The property is offered fee simple with a NNN lease type. This property is situated in Cuyahoga County, Ohio, with a zip code of 44146. The property is zoned for distribution, manufacturing, and warehouse uses.
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
I · Bedford Heights, OHBedford Heights. 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.