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    34525 Melinz Pkwy Eastlake, OH 44095
    Property profile & analytics

    34525 Melinz Pkwy, Eastlake, OH 44095

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    • Industrial properties
    • 63,050 SF
    • 7.00 lot acres
    Eastlake Warehouse Space Available For Lease
    $7 SF/Yr
    8,672 SF

    Eastlake Warehouse Space Available

    Warehouse space with highway access, dock doors, and incentives.

    34525 Melinz Pkwy, Eastlake, OH
    View Listing
    Property ID
    US66-0148627
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 34525 Melinz Pkwy

    Year built
    1977
    Lot size
    7.00 lot acres
    Zone code
    G-IND
    Property type
    Industrial properties
    APN
    34-A-003-0-00-047-0
    APU
    34A0030000470

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 21, 2025 $34,940 Rpel Melinz Pkwy LLC Melinz Parkway Holdings LLC Deed —
    Jan 19, 2018 — Melinz Parkway Holdings LLC — Deed · related $3.3M · Northwest Bk
    Oct 31, 2017 — Melinz Parkway Holdings LLC — Deed · related $3.1M · Northwest Bk
    Oct 27, 2017 — Melinz Parkway Holdings LLC Century Center Properties LLC Grant Deed —
    May 1, 2006 $4,000,000 Century Center Properties LLC Batac Corp Warranty Deed $4M · Fifth Third Bank
    — — Century Center Properties LLC — Deed Of Trust · related $3.7M · General Electric Capital Corp
    — — Melinz Parkway Holdings LLC — Loan Modification · related $3.3M · Northwest Bk
    — — Melinz Parkway Holdings LLC — Deed Of Trust · related $3.1M · Northwest Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,045,000
      6.5%
      $3,735,000
      7%
      $3,465,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,427,000
      Market price range: $1.67M - $4.43M
      AI Estimate
      $3,194,000
      Market price range: $923k - $3.37M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,970,000
      Current use
      AUTO REPAIR, GARAGE
      $5,285,000
      Change: +78% Conversion: Easy
      COMMERCIAL (GENERAL)
      $5,065,000
      Change: +71% Conversion: Difficult
      RETAIL STORES
      $4,940,000
      Change: +66% Conversion: Moderate
      MEDICAL BUILDING
      $4,435,000
      Change: +49% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,495,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $2,970,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Eastlake
    County
    Lake
    State
    Ohio
    Longitude
    -81.4423
    Latitude
    41.6387
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $92,349
    $232,120
    $867,720
    $1,099,840
    -
    $663,200
    $2,479,190
    $3,142,390
    View Listing
    More about this property
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