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Financial
Distress signals
Property profile

29601 Solon Rd Solon, OH 44139

FOR LEASE
Office buildings
Property ID
US66-2208503
8,973 SF 5.77 ac lot Built 1967
Last sale Feb 2021 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located on the corner of Solon Road and Cochran Road, near access to I-271/480 and SR 422. It consists of a 70,068-square-foot building configured with warehouse space and office space. The building includes complete climate and humidity control managed with an Eco-B thermostat and exhaust fans, and features LED lighting in the warehouse with lighting upgrades in most offices and conference rooms (completed in 2022 for many areas). Renovations performed in 2024 included…

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?
$64k
Tax billed · 2023
Assessed value$700k
Assessed land$156k
Assessed improvement$545k
Effective rate9.11%

Value estimate

· Oct 2026
$2.73M
$2.45M – $3.00M
AI approach$2.29M
CAP approach$2.01M
Submarket $/SF estimate$2.18M
NOI build-up
Gross scheduled income$4.80M
Vacancy & credit loss−$178k
Operating expenses−$694k
NOI · 58,220,844.44% cap applied$3.93M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$80 – $243

Cap rate analysis

How does the asset earn?
58,220,844.44%
$3.93M 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Plumbing Service8.8
Auto Repair Shop8.7

Location

29601 Solon Rd Solon, OH 44139
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
30675 Solon, Solon, OH 44139-3478 $1,100,000 May 2024 10,311 SF
31000 Bainbridge, Solon, OH 44139-2227 $900,000 Apr 2024 12,300 SF
5800 Harper, Solon, OH 44139-1833 $4,900,000 Mar 2024 14,880 SF
32200 Solon, Solon, OH 44139-3540 $535,000 Sep 2023 12,760 SF
33595 Bainbridge, Solon, OH 44139-2942 $1,100,000 Apr 2022 12,992 SF
30400 Solon, Solon, OH 44139-3416 $10,727,857 Nov 2021 10,104 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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