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Property profile & analytics
OFF-MARKET Estimated value $765,000
Manufacturing properties

7955 Euclid Chardon Rd Kirtland, OH 44094-9014

24,934 SF 0.79 ac lot Built 1969
Entity Owned 13-yr Hold Free & Clear
Property ID
US66-2478569
Property summary
AI-generated overview

This exceptional 25,905-square-foot vacant industrial building in Kirtland, Ohio presents a rare investment opportunity. Located at 7955 Euclid Chardon Rd, 44094, this single-story, 1969-built structure boasts approximately 10,000 square feet of clear-span warehouse space. Its prime location on Route 6 offers convenient access to both I-271 and I-90, enhancing logistical efficiency. The property includes a 3.77-acre lot, providing ample space for expansion or outdoor storage, and a roughly 1,000-square-foot outbuilding suitable for additional storage or potential rental income. A conditional use permit allows for a variety of uses beyond industrial, including retail, adding significant versatility. The asking price of $1,200,000 is well below replacement cost in a market with limited inventory, making this a compelling investment prospect. The property is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1969
Construction WOOD
Total area 24,934 SF
Lot 0.79 ac (34,412 SF)
Zoning code B2
APN 20-A-027-A-00-013-0
UPID US66-2478569
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$878k
Blend (final) Blend
$765k
Owner & transaction history
Stewart Acquisition LLC · 13 yrs held
Stewart Acquisition LLC
since 2013
2 recorded transactions
2013
$555,000
2013
Price N/A
Zoning & alternative use
B2 · Kirtland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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