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Financial
Distress signals
Property profile

28900 Fountain Pkwy Solon, OH 44139

FOR LEASE
Other warehouses
Property ID
US66-1386947
109,052 SF 6.41 ac lot Built 1998
Last sale Apr 2016 · $42,535,712
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This flex property contains approximately 17,093 RSF and is located in Solon, Ohio. The office portion includes a reception area, a training room with access to an exterior patio, and in-suite restrooms. The warehouse portion features two dock doors—one measuring 8’ x 10’ with a leveler—and one 12’ x 14’ drive-in door, along with clean warehouse space supporting light R&D uses. Utility service includes 400A/480V, 3-phase power. The building is positioned near Route 422 and is situated close to local service and dining amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$140k
Tax billed · 2023
Assessed value$1.54M
Assessed land$165k
Assessed improvement$1.37M
Effective rate9.11%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,584,706.67%
$119k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-2
CHAPTER 1280 “I-2” (INDUSTRIAL MANUFACTURING) CHAPTER 1281 “I-3” (INDUSTRIAL AUTO SERVICE) CHAPTER 1282 “G-1” (GREENSPACE) CHAPTER 1283 “...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.4
Dental Office12.3
Auto Repair Shop12.2

Location

28900 Fountain Pkwy Solon, OH 44139
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30320 Emerald Vly, Solon, OH 44139-4394 $31,900,000 Feb 2026 198,210 SF
7900 Cochran, Solon, OH 44139-4359 $11,875,000 Oct 2022 144,000 SF
30333 Emerald Vly, Solon, OH 44139-4394 $9,040,000 Oct 2022 120,000 SF
7905 Cochran, Solon, OH 44139-5468 $13,200,000 Oct 2022 144,000 SF
29001 Solon, Solon, OH 44139-3468 $7,625,000 Dec 2021 194,640 SF
30300 Emerald Vly, Solon, OH 44139-4394 $31,667,231 Nov 2021 179,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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