3881 W 150Th St Cleveland, OH 44111
For Sale
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This exceptional industrial property, located at 3881 W 150th St in Cleveland, Ohio, presents a significant investment opportunity. The 40,909 square foot building sits on a 1.75-acre lot and boasts a desirable combination of warehouse and manufacturing space. Constructed in 1938 and renovated in 2000, the property features 1,600 square feet of front office space, and 2,243 square feet of shop office space including a mezzanine, lunchroom, and restrooms. The expansive shop/warehouse area encompasses 37,066 square feet. The building benefits from a 12' to 17' ceiling height, five loading docks, and two dock-high doors (8' x 10'). Ample parking is available with 45 spaces. The property is zoned for General Industry and includes two 600-amp and two 200-amp power feeds (totaling 1600 amps). Heating is provided by a boiler for the office, paint, and wood shop areas, and gas units for the brush shop and warehouse. Two 75hp air compressors (installed in 2015 and 2016) are included. The property also features a 100% wet sprinkler system. Its convenient location offers easy access to I-90 via Warren Road and I-71, and is situated on an RTA bus route, close to the West Park Neighborhood. The asking price is $2,700,000. The APN is 027-28-007: 027-28-008. The property is targeted for vacancy by the end of 2024. Prior to decommissioning, the building included a spray booth with supporting pumps and dust and chip collection system.
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Scott Fetzer Co Corporate Office
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CWP Technologies Inc Professional Services
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Readivac Home Appliance Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GI · Cleveland, OHCleveland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.