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Property profile & analytics
FOR SALE
Manufacturing properties

29201 Anderson Rd Wickliffe, OH 44092

64,333 SF 3.02 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-1588565
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a 67,000 square foot industrial property ideally suited for distribution, manufacturing, or warehouse operations. Situated on a 3.02-acre lot in Wickliffe, Ohio (44092), this single-story building boasts a range of features designed to enhance efficiency and productivity. The property includes seven 12'x12' and 12'x14' drive-in doors, along with one interior and one exterior truck dock, providing ample loading and unloading capabilities. A substantial 2,805 square feet of covered dock space further protects goods and equipment. Inside, the building offers a versatile layout with 65,866 square feet of warehouse space and 1,134 square feet of office space. Manufacturing amenities are extensive, including locker rooms, an air compressor and air lines, and 3-ton and 5-ton cranes. The robust electrical system features 800A/240V/3P power with buss duct distribution throughout. Built in phases between 1987 and 1995, the property is zoned for industrial use and offers ceiling heights ranging from 13'6" to 17'6". The sale price is $4,830,000, with a NNN lease rate of $5.50 per square foot. Ample outdoor storage space complements the substantial indoor area. This property is offered as a sale by owner.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Construction WOOD
Total area 64,333 SF
Lot 3.02 ac (131,551 SF)
Zoning code I
APN 29-A-008-0-00-028-0
UPID US66-1588565
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.82M
Owner & transaction history
Mvp Anderson Co LLC · 3 yrs held
Mvp Anderson Co LLC
since 2023
3 recorded transactions
2023
Price N/A
2012
Price N/A
2009
Price N/A
Zoning & alternative use
I · Wickliffe, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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