Property profile

5135 Naiman Pkwy Solon, OH 44139

OFF-MARKET
Manufacturing properties
Property ID
US66-1684268
70,400 SF 3.64 ac lot Built 1970
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 70,400 SF
Lot 3.64 ac (158,753 SF)
Zoning code I-1
APN 951-02-022
UPID US66-1684268

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

5135 Naiman Pkwy Solon, OH 44139-1003
Solon metro Census 184104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$830k

Owner & transaction history

since 2019
6 recorded transactions
2019
$3.7M
2016
$2.7M
2016
$2.7M
2013
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Solon, OH
Zoning description

The “I-1” (Warehousing and Assembling) Zoning District has been established to permit warehousing; low to moderate intensity assembling, processing, packaging activities; and office uses, subject to the performance stand…

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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