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    26650 Renaissance Pkwy Warrensville Heights, OH 44128
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    Property profile & analytics

    26650 Renaissance Pkwy Warrensville Heights, OH 44128


    • Warehouses
    • 34,600 SF
    • 3.05 lot acres
    Renaissance Parkway Land For Sale For Sale
    $1,650,000
    36,404 SF

    Renaissance Parkway Land For Sale

    Land available on Renaissance Parkway.

    26650 Renaissance Pkwy, Warrensville Heights, OH 44128
    View Listing
    Property ID
    US66-1979328
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Casentric, LLC / (Bike/Boat/Book/etc) Store / Corporate Office
    • Contempo Design + Communications / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Essex Digital Platform / Advertising Agency / Marketing & Advertising
    • Trans-Pacific Trading Inc / Distribution Center / Logistics Company
    • Cyrid Media Inc / Advertising Agency / Marketing & Advertising

    Property Details for 26650 Renaissance Pkwy

    Year built
    1990
    Lot size
    3.05 lot acres
    Property size
    34,600 SF
    Zone code
    U-6
    Property type
    Warehouses
    APN
    763-06-003
    APU
    76306003

    Description

    This exceptional 36,404-square-foot multi-tenant flex office building in Warrensville Heights, Ohio, is now available for sale. Situated on a 3.05-acre lot, this property presents a unique owner-user opportunity with income already in place. The building features multiple suites, including a 2,900-square-foot suite and a 6,986-square-foot suite. The larger suite also includes 671 square feet of warehouse/storage space, offering a combined 9,886 square feet of potential space. Immediate occupancy is available. Each suite boasts its own men's and women's restrooms, eliminating shared facilities. The property enjoys a park-like setting and benefits from an excellent location with convenient access to I-271 and I-480. Professional management services are in place. The asking price is $2,000,000. The current lease rate is $9.50 per square foot, triple net (NNN). This is an ideal investment for an owner-occupier seeking a blend of income generation and functional space. The property is located at 26650 Renaissance Pkwy, Warrensville Heights, OH 44128, in Cuyahoga County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,875,000
      6.5%
      $2,655,000
      7%
      $2,465,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,418,000
      Market price range: $1.04M - $3.42M
      AI Estimate
      $2,607,000
      Market price range: $584k - $2.61M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,315,000
      Current use
      MEDICAL BUILDING
      $3,760,000
      Change: +62% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,505,000
      Change: +51% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,080,000
      Change: +33% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,865,000
      Change: +24% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,560,000
      Change: +11% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4901
    Latitude
    41.442
    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
    $73,335
    $69,370
    $631,440
    $700,810
    -
    $198,200
    $1,804,100
    $2,002,300
    View Listing
    More about this property
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