Property profile

7630 1st Pl 50 Bedford, OH 44146

OFF-MARKET
Warehouses
Property ID
US66-1454117
56,118 SF 3.83 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 55,000 square foot industrial property, located at 7650 First Place in Cuyahoga County, offers a unique blend of office, flex, and warehouse space. Currently, 2,464 square feet of space is immediately available for lease within this single-story, 1990-built Class B building. The property sits on a 3-acre lot and is zoned I-1, providing ample room for various business operations. The building features a generous 16-foot ceiling height, ideal for storage or high-volume operations, and includes one convenient drive-in door for easy loading and unloading. The flexible layout is perfect for businesses requiring a combination of office and warehouse space, or those seeking a large, adaptable workspace. Multiple tenants are currently occupying the building, creating a vibrant and collaborative environment. This property presents a rare opportunity to secure prime industrial space in a desirable location. The building's single-story design and ample parking provide convenient access and functionality. With its strategic zoning and versatile layout, this property is well-suited for a variety of businesses seeking a functional and efficient workspace. The available 2,464 square feet offers immediate occupancy, allowing for a quick and seamless transition for your business. Don't miss this chance to secure your ideal space in this thriving Cuyahoga County location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 56,118 SF
Lot 3.83 ac (167,009 SF)
Zoning code I-1
APN 795-46-007
UPID US66-1454117

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7630 1st Pl, Unit 50 Bedford, OH 44146-6700
Bedford metro Census 195700 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.31M
Blend (final) Blend
$750k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
2024
Price N/A
2022
Price N/A
2019
Price N/A
2017
Price N/A

Zoning & alternative use

I-1 · Bedford, OH
Zoning description

P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941…

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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