For Sale
$5,500,000

15883 Sprague RdStrongsville, OH 44136

Turnkey HQ, 88,816 SF, 17 acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a vacant, 88,816-square-foot, two-story office building situated on approximately 17 acres in Strongsville, Ohio. The property, previously serving as a corporate headquarters, boasts a Class B designation and includes a 5,567-square-foot annex building. Built in 1984 with renovations completed in the 2000s and 2016, the property features corporate-standard finishes and is exceptionally well-maintained. The building offers ample natural light, multiple access points, and extensive parking for approximately 400 vehicles. Its prime location offers convenient access to Interstate 71 (via Pearl Road exit), I-480, the Ohio Turnpike, and Hopkins International Airport, all within a short drive. The property is zoned for Research and Development and benefits from a business-friendly city environment with potential tax incentives. The expansive 17-acre site includes approximately 6.15 acres of undeveloped land along West Sprague Road, providing significant potential for future expansion or additional development. With approximately 700 feet of frontage on West Sprague Road, this property offers a rare opportunity for a headquarters user or redevelopment project. The asking price is $5,500,000, translating to $61.93 per square foot. This turnkey property is ready for immediate occupancy.

Highlights

  • $5,500,000 asking price for a turnkey, 88,816 SF, two-story office building on approximately 17 acres in Strongsville, Ohio.
  • The property consists of an 88,816 SF main building and a 5,567 SF annex building.
  • The site totals approximately 17 acres.
  • Potential for a 40,000 SF building expansion exists.
  • 6.15 acres of undeveloped land along W. Sprague Road offer additional development opportunities.
  • Approximately 700 feet of frontage along W. Sprague Road.

Property Details for 15883 Sprague Rd

Property type
Office properties
Square Feet
88,816 SF
Class
B
Year Built/Renovated
1984/2000
Buildings
2
Stories
2
Lot Size (sq. ft)
767,963 SF

Location Insight

City
Strongsville
County
Cuyahoga
State
Ohio
Latitude
41.3491285
Longitude
-81.8094618
15883 Sprague Rd, Strongsville, Ohio

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15883 Sprague Rd
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