6707 Bessemer Ave Cleveland, OH 44127
For Sale
1 / 3
This exceptional investment opportunity presents a three-building industrial flex property ideally situated in Cleveland, Ohio's southeastern industrial district. Boasting a substantial 23,722 square feet of space, this property offers significant potential for both immediate income generation and future development. Built in 1972, the buildings sit on a generous 5.57-acre lot and are zoned for general industry, providing flexibility for a wide range of uses. The property features large, open floor plans with high ceilings, perfect for various industrial or warehouse needs. Ample parking is available on-site, ensuring convenient access for employees and clients. The property's strategic location provides easy access to major transportation arteries, including Highways 490, I-77, and I-90, facilitating efficient logistics and distribution. Currently generating a substantial income stream of $11,000 per month (inclusive of taxes and insurance), this sale-leaseback opportunity presents a compelling investment proposition with strong potential for long-term returns. The asking price for this turnkey operation is $1,600,000. This property is located at 6707 Bessemer Ave, Cleveland, OH 44127.
-
Averitt Express Drop Lot Parking Lot & Garage
-
Protrans Freight Service Logistics Company
-
Cleveland Delivery Trucking Company
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
GI · Cleveland, OHCleveland. Always verify with local authorities before improvements.
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.