5900 Pennsylvania Ave Maple Heights, OH 44137-4302
- Warehouses
- 80,705 SF
- 4.27 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5900 Pennsylvania Ave
- Year built
- 1965
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.27 lot acres
- Property size
- 80,705 SF
- Zone code
- O/I
- Property type
- Warehouses
- APN
- 786-19-004
- APU
- 78619004
Description
This exceptional 6,293-square-foot single-tenant office building in Maple Heights, Ohio, presents a unique opportunity for businesses seeking a versatile and strategically located space. Situated on a 4.27-acre lot at 5900 Pennsylvania Avenue, this Class C building boasts a convenient location off Rockside Road, with easy access to Interstates 480 and 271. Built in 1965, the one-story structure offers ample parking with 20+ spaces. The interior features a full kitchen, two bathrooms, a welcoming front desk lobby, numerous private offices, and dedicated meeting rooms, catering to a variety of business needs. The property is zoned O/I (Office/Industrial), reflecting its suitability for diverse office uses, including traditional, executive, coworking, medical, and creative office settings. The entire 6,293 square feet is currently vacant, providing a blank canvas for tenant improvements, allowing customization to perfectly match your business requirements. This property's proximity to thriving business areas, including car dealerships, distribution centers, and warehouses, further enhances its appeal. The property's APN is 786-19-004. Don't miss this chance to establish your business in a prime Cleveland location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,455,000
- 6.5%
- $3,610,000
- 7%
- $3,540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,765,000
- Geo Method
- $3,455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,235,000
- Retail
- $2,835,000
- Mixed-Use
- $2,900,000
- Hospitality
- $3,420,000
- Educational
- $3,035,000
- Residential Income
- $3,660,000
- Energy
- $3,120,000
- Income-Based Land
- $3,525,000
- Food Service
- $3,255,000
Location Insight
- Map
- Local Demand
- City
- Maple Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5622
- Latitude
- 41.3985
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
