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    Property profile & analytics
    OFF-MARKET Estimated value $2,005,000
    Warehouses

    26901 Cannon Rd, Bedford Heights, OH 44146-1809

    26,316 SF 2.08 ac lot Built 2000
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US66-1104734
    Property summary
    AI-generated overview

    This exceptional one-story, Class B office building, totaling 263,016 square feet, presents a significant opportunity in the Bedford Heights/Warrensville Heights submarket of Cuyahoga County. Built in 2000, the property sits on 2.08 acres and offers multiple tenancy options with a maximum contiguous space of 7,021 square feet. The building features 135 parking spaces, providing ample convenience for tenants and visitors. Its strategic location offers easy access to the I-271 and I-480 interchange, ensuring excellent regional connectivity. The property is currently configured as traditional office space but presents potential for flex conversion, catering to a wider range of business needs. A prominent monument signage opportunity exists, enhancing visibility and brand recognition. This substantial property is ideal for a variety of businesses seeking a well-located, spacious, and adaptable office environment in a thriving suburban area. The building's single-story design and substantial parking make it highly functional and attractive to a diverse tenant base. The potential for flex conversion further expands the property's appeal and market reach. This is a rare opportunity to acquire a significant office asset in a desirable location with excellent access to major transportation arteries.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2000
    Construction TYPE NOT SPECIFIED
    Total area 26,316 SF
    Lot 2.08 ac (90,626 SF)
    Zoning code I
    APN 791-13-004
    UPID US66-1104734
    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
    $1.93M
    CAP Approach CAP
    $2.02M
    Comparable Approach Comparable
    $2.14M
    Blend (final) Blend
    $2.01M
    Owner & transaction history
    26901 Cannon LLC · 5 yrs held
    26901 Cannon LLC
    since 2021
    Last sale
    $2.2M
    6 recorded transactions
    2021
    $2.2M
    2013
    2006
    1969
    1969
    1969
    Zoning & alternative use
    I · Bedford Heights, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.9M +90.8%
    Neighborhood: shopping center $2.7M +77.8%
    Commercial (general) $2.2M +45.5%
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