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Suburban Press 3818 Lorain Ave 15,703 SF Industrial Building Cleveland, OH 44113 $1,500,000 ($95.52/SF) 10% Cap Rate
Executive Summary
Functional Commercial building with more than 3,500 square feet of office space om the second floor. 12'-14' of clear height depending on the part of the building. Access off of Fulton Ct. Lower-level basement storage is not included in the building measurement.
Property Facts
| Price | $1,500,000 | Rentable Building Area | 15,703 SF |
| Price Per SF | $95.52 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Cap Rate | 10% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.76/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.39 AC | Opportunity Zone |
Yes
|
| Zoning | LR | ||
| Price | $1,500,000 |
| Price Per SF | $95.52 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.39 AC |
| Rentable Building Area | 15,703 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Tenancy | Single |
| Parking Ratio | 0.76/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | LR |
Amenities
- 24 Hour Access
- Courtyard
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - County
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Suburban Press Inc
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Suburban Press Inc | Manufacturing | - | - | - |
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Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 003-35-057 | Improvements Assessment | $127,575 |
| Land Assessment | $47,145 | Total Assessment | $174,720 |
Property Taxes
Parcel Number
003-35-057
Land Assessment
$47,145
Improvements Assessment
$127,575
Total Assessment
$174,720
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Suburban Press | 3818 Lorain Ave
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