For Sale
$165,000

16321 Rockside Rd Maple Heights, OH 44137

Vacant Flex Space, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This 3,151 square foot industrial property, located at 16321 Rockside Rd, Maple Heights, OH 44137, presents a compelling value-add investment opportunity. The single-story, 1957-built building sits on a 0.16-acre lot and boasts a 12' 5" ceiling height, perfect for various uses. Renovated in 2014, the property features two drive-in doors, 400 amps of power, and ten parking spaces. Currently vacant, the property offers immediate occupancy from April 1, 2024. The asking price is $165,000, translating to $52.36 per square foot and $1,031,250 per acre for the land. Classified as Class C with a modified lease type, this flex space is zoned RMF (Zoning Provision), allowing for diverse redevelopment options including multi-family, flex-industrial, and retail uses. The property's location on Rockside Road offers high traffic counts, enhancing its potential for various commercial ventures. The building is of block construction and includes mezzanine space. This free and clear ownership opportunity is ideal for investors seeking a flexible, high-traffic location with significant redevelopment potential in Cuyahoga County. The property's features, zoning flexibility, and prime location make it an attractive investment prospect.

Highlights

  • 3,151 SF industrial building on 0.16-acre lot in Maple Heights, OH.
  • Two drive-in doors and 400 amps of power.
  • Flexible RMF zoning allows for multi-family, flex-industrial, and retail uses.
  • High traffic counts on Rockside Road.
  • 12'5" ceiling height with mezzanine space.

Property Details for 16321 Rockside Rd

Property type
Warehouses, Life science properties
Square Feet
3,151 SF
Class
C
Year Built/Renovated
1957/2014
Buildings
1
Stories
1
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Maple Heights
County
Cuyahoga
State
Ohio
Latitude
41.4024507
Longitude
-81.5665623

FAQs

What type of property is this?
Warehouse - Vacant Flex Space, Value-Add Opportunity
Where is the warehouse located?
The property is located at 16321 Rockside Rd Maple Heights, OH.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 3,151 SF industrial building on 0.16-acre lot in Maple Heights, OH.; Two drive-in doors and 400 amps of power.; Flexible RMF zoning allows for multi-family, flex-industrial, and retail uses.
How can I contact the broker?
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16321 Rockside Rd
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