585 Highland E Rd Macedonia, OH 44056-2107
This exceptional industrial property, located at 585 E Highland Rd in Macedonia, Ohio, offers 7,500 square feet of newly renovated warehouse space for lease. Situated on a 1.956-acre lot, this Class B property boasts two single-story buildings with a convenient 17-foot ceiling height. The property features a clear-span design, ideal for a variety of uses including contracting, landscaping, dry storage, distribution, or light assembly. Its zoning is designated L-I, reflecting its suitability for light industrial operations. Built in 1970, the property benefits from recent renovations, ensuring modern functionality. The location provides excellent access to major transportation arteries, including I-271 and State Route 8, offering seamless connectivity throughout the region. Macedonia's business-friendly environment and central location between Cleveland and Akron further enhance the property's appeal. The property's APN is 3300696, and it is located in Summit County. Currently, one unit is available for lease. This is a multi-tenant property.
-
Innovative Industries LLC Factory Industrial Manufacturer
-
Teslamend Auto Repair Shop
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
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.