29801 Euclid Ave Wickliffe, OH 44092-1832
- Manufacturing properties
- 105,312 SF
- 30.48 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 29801 Euclid Ave
- Year built
- 1955
- Lot size
- 30.48 lot acres
- Property size
- 105,312 SF
- Zone code
- I
- Property type
- Manufacturing properties
- APN
- 29-A-003-0-00-005-0
- APU
- 29A0030000050
Description
This exceptional six-story office building, located at 29801 Euclid Ave in Wickliffe, Ohio, presents a significant leasing opportunity. The property boasts a total of 280,000 square feet, currently offering 70,000 square feet of immediately available space within a single, large suite. Situated on a substantial 30-acre lot in Lake County, this traditional/executive office building provides ample parking with 500 spaces available. The building is equipped with elevators for convenient access to all six floors. The multiple tenancy structure offers flexibility for various business needs. This prime location in Wickliffe, Ohio (zip code 44092) offers easy access to major transportation routes and amenities. The expansive lot size provides significant potential for future development or expansion. This is an unparalleled opportunity to secure a substantial and well-appointed office space in a highly desirable location. The building's size and amenities make it ideal for a large corporation or a collection of smaller businesses seeking a prestigious address. The 70,000 square feet of vacant space is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,640,000
- 7%
- $1,905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,005,000
- Geo Method
- $1,525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,945,000
- Retail
- $1,655,000
- Mixed-Use
- $1,540,000
- Hospitality
- $1,865,000
- Educational
- $1,595,000
- Residential Income
- $1,665,000
- Energy
- $1,615,000
- Income-Based Land
- $1,980,000
- Food Service
- $1,575,000
Location Insight
- Map
- Local Demand
- City
- Wickliffe
- County
- Lake
- State
- Ohio
- Longitude
- -81.4695
- Latitude
- 41.6128
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
