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5200 Harvard Ave 50,068 SF Industrial Building Newburgh Heights, OH 44105 $1,950,000 ($38.95/SF)
INVESTMENT HIGHLIGHTS
- Fully leased industrial facility with below-market rents.
- Located in a high-demand Cleveland industrial submarket.
EXECUTIVE SUMMARY
5200 Harvard Avenue - 50,068 SF on 3.2 acres. Cushman & Wakefield | CRESCO Real Estate has been retained by ownership as its exclusive advisor in the sale of three (3) 100% leased, industrial assets totaling 322,972 SF centrally located in a well-established industrial sector within the first-ring suburbs of Downtown Cleveland. This location provides excellent connectivity to major interstates, public transportation and a skilled workforce.
The primary physical structures consist of masonry construction, are well maintained and feature above standard manufacturing amenities. Additionally, the existing tenants have significant infrastructure investments unique to their individual process.
The primary physical structures consist of masonry construction, are well maintained and feature above standard manufacturing amenities. Additionally, the existing tenants have significant infrastructure investments unique to their individual process.
PROPERTY FACTS
| Price | $1,950,000 | No. Stories | 1 |
| Price Per SF | $38.95 | Year Built/Renovated | 1925/2025 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.3/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 8 |
| Lot Size | 1.71 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 50,068 SF | ||
| Zoning | GI - General Industrial | ||
| Price | $1,950,000 |
| Price Per SF | $38.95 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.71 AC |
| Rentable Building Area | 50,068 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2025 |
| Tenancy | Single |
| Parking Ratio | 0.3/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | GI - General Industrial |
UTILITIES
- Water - City
- Sewer - City
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $197,330 | |
| Land Assessment | $36,225 | Total Assessment | $233,555 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$36,225
Improvements Assessment
$197,330
Total Assessment
$233,555
CONTACTS
-
Eliot Kijewski -
George Pofok -
Joseph Barna -
Ryan Curtin -
Cushman & Wakefield | CRESCO Real Estate
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5200 Harvard Ave
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