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    FOR LEASE
    Manufacturing properties

    8700 Brookpark Rd, Cleveland, OH 44129

    806 SF 22.88 ac lot Built 2003
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US66-2172403
    Property summary
    AI-generated overview

    This exceptional 400,000 square foot industrial property, located at 8700 Brookpark Road in Parma, Ohio (Cuyahoga County, zip code 44129), presents a unique opportunity for multiple tenants. Situated on a substantial 23-acre lot, this Class B building offers flexible space options, ideal for manufacturing, flex, warehouse, distribution, or R&D uses. The property boasts a minimum divisible space of 4,500 square feet, with a maximum contiguous space of 300,000 square feet, catering to a wide range of business needs. Built in 1955, the building features varying ceiling heights ranging from 14 to 25 feet, providing ample vertical space. Efficient operations are ensured with 8 loading docks and 4 drive-in doors. The property is equipped with heavy power to support demanding industrial processes. Its strategic location on Brookpark Road, between Tiedeman and Ridge Roads, offers excellent accessibility and visibility. This well-maintained facility presents a compelling opportunity in a low-tax community. The property is multi-tenant.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 2003
    Total area 806 SF
    Lot 22.88 ac (996,653 SF)
    Zoning code G-B
    APN 433-19-004
    UPID US66-2172403
    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
    Current use
    Occupant on record · Public records
    • Harvest Net Institute Church Mosque
    • Valley College College
    • VE Solutions Big Box & Wholesale Store
    • Brick House Realty Real Estate Agency
    • Amana Distributor Distribution Center Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Frinchs Restarant INC · 22 yrs held
    Frinchs Restarant INC
    since 2003
    7 recorded transactions
    2021
    2020
    2020
    2019
    2017
    2003
    $622,600
    2001
    $4.7M
    Zoning & alternative use
    G-B · Cleveland, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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