5480 Cloverleaf Pkwy Valley View, OH 44125-4804
- Office buildings
- 44,640 SF
- 3.67 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5480 Cloverleaf Pkwy
- Year built
- 1989
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.67 lot acres
- Property size
- 44,640 SF
- Property type
- Office buildings
- APN
- 571-03-003
- APU
- 57103003
Description
This exceptional industrial property, located at 5480 Cloverleaf Parkway in Valley View, Ohio, presents a fantastic opportunity. The single-story warehouse, built in 1990 and renovated in 2002, boasts a total of 45,000 square feet on a 3.67-acre lot within Cuyahoga County. Currently, 10,533 square feet is available for lease, specifically Suites 1 & 2, comprising approximately 10,000 square feet. This space features a blend of warehouse and office areas, with 2,540 square feet dedicated to office space and 7,460 square feet of warehouse space. The building offers convenient access with three loading docks and three drive-in doors. The warehouse features a generous 19-foot ceiling height, providing ample storage and operational space. Recent upgrades include new LED lighting. The property is situated in a prime location with easy access to major transportation routes. The lease rate is $8.95 per square foot, NNN, with additional NNN expenses of $2.49 per square foot. This is a multi-tenant building. Don't miss this chance to secure this well-maintained and strategically located warehouse space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $985,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $915,000
- 6.5%
- $975,000
- 7%
- $1,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $930,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,040,000
- Retail
- $1,135,000
- Mixed-Use
- $1,100,000
- Hospitality
- $1,055,000
- Educational
- $1,160,000
- Residential Income
- $1,090,000
- Energy
- $1,135,000
- Income-Based Land
- $1,075,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Valley View
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6357
- Latitude
- 41.413
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA