Property profile

5370 Naiman Pkwy Solon, OH 44139

OFF-MARKET
Other warehouses
Property ID
US66-2196484
105,840 SF 5.43 ac lot Built 1975
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

A designated warehouse unit totaling 64,737 square feet (B/L) with 3,572 square feet of office space and 61,165 square feet dedicated to warehouse use. The warehouse is equipped with one 10' x 14' drive-in door and eight 8' x 10' dock doors, and it has a clear ceiling height of 24 feet. The property provides access to Interstate 480, Interstate 271, and State Route 422.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 105,840 SF
Lot 5.43 ac (236,474 SF)
Zoning code I-1
APN 951-01-001
UPID US66-2196484

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
  • Building Supply Construction Company

Location

5370 Naiman Pkwy Solon, OH 44139-1024
Solon metro Census 184104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.08M
Blend (final) Blend
$3.68M

Owner & transaction history

since 2021
Last sale
$4.3M
2 recorded transactions
2021
$4.3M
2011
$3.4M

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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