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Property profile & analytics
FOR SALE
Manufacturing properties

3881 W 150Th St Cleveland, OH 44111

8,280 SF 0.78 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US66-1667357
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 8,280 SF
Lot 0.78 ac (34,068 SF)
Zoning code GI
APN 027-28-008
UPID US66-1667357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scott Fetzer Co Corporate Office
  • CWP Technologies Inc Professional Services
  • Readivac Home Appliance Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$490k
Comparable Approach Comparable
$634k
Blend (final) Blend
$565k
Owner & transaction history
Hrd 150th LLC
Hrd 150th LLC
since 2026
2 recorded transactions
2026
$1.3M
2021
$910,000
Zoning & alternative use
GI · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $900,000 +152.0%
Neighborhood: shopping center $840,000 +134.9%
Auto repair, garage $735,000 +106.3%
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