Property profile

30700 Aurora Rd Solon, OH 44139

OFF-MARKET
Warehouses
Property ID
US66-1543869
81,172 SF 5.84 ac lot Built 1994
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 30700 Aurora Road in Solon, Ohio, offers 81,061 square feet of warehouse and distribution space. The single-story, Class B building, constructed in 1994, sits on a generous 5.84-acre lot and features a 20-foot ceiling height. The property is divisible to a minimum of 36,070 square feet, providing flexibility for various business needs. The building boasts four loading docks—two measuring 8' x 8' and two measuring 8' x 10'—ensuring efficient loading and unloading. Additional drive-in doors can be added to further enhance operational efficiency. The spacious layout includes a column spacing of 55' x 40'. The property benefits from modern upgrades, including new LED lighting with motion sensors for energy efficiency. Its strategic location in Cuyahoga County provides quick access to major transportation arteries, including SR 422, I-271, and I-480, facilitating seamless logistics and distribution. With ample parking for 15+ vehicles and two suites available, this property presents a compelling opportunity for businesses seeking a well-maintained and conveniently located industrial space in the thriving Cleveland submarket. The property is zoned for industrial use.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction TYPE NOT SPECIFIED
Total area 81,172 SF
Lot 5.84 ac (254,608 SF)
Zoning code I-2
APN 953-39-011
UPID US66-1543869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30700 Aurora Rd Solon, OH 44139-2736
Solon metro Census 184104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$740k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

I-2 · Solon, OH
Zoning description

CHAPTER 1280 “I-2” (INDUSTRIAL MANUFACTURING) CHAPTER 1281 “I-3” (INDUSTRIAL AUTO SERVICE) CHAPTER 1282 “G-1” (GREENSPACE) CHAPTER 1283 “G-2” (PARKS AND RECREATION) CHAPTER 1284 “MPD” (MIXED-USE PLANNING DISTRICT) CHAPTE…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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