1760 Enterprise PkwyTwinsburg, OH 44087

  • Industrial properties
  • 40,405 SF
For Sale

Property Details for 1760 Enterprise Pkwy

Year built
1982
Lot size
2.50 AC
Property size (Sq ft)
40,405 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
62-01358
APU
6201358

Description

This exceptional industrial investment property, located at 1760 Enterprise Pkwy, Twinsburg, OH 44087, presents a compelling opportunity. The 40,405 square foot warehouse sits on a 2.5-acre lot and features a desirable triple net (NNN) lease structure, where the tenant is responsible for property taxes, insurance, and maintenance. The property boasts a 16-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by one truck dock and three drive-in doors. The electrical service is robust, featuring 480V/1000 Amp/3-Phase power. The current tenant, a fourth-generation company with over 90 years in business, recently signed a new five-year lease commencing June 2025, providing immediate and long-term income potential. This property is situated in Summit County, Ohio, offering convenient access to major transportation routes. The substantial size, excellent location, and secure long-term lease make this an attractive investment for discerning buyers seeking stable, passive income generation. The property is being offered for sale and represents a rare opportunity to acquire a well-established industrial asset with a strong tenant history. This is a turnkey investment ready for immediate income generation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,795,347
    Hospitality
    $8,056,490
    Educational
    $6,702,906
    Medical
    $6,933,429
    Retail
    $10,426,742
1760 Enterprise Pkwy, Twinsburg, Ohio

Location Insight

City
Twinsburg
County
Summit
State
Ohio
Latitude
41.291
Longitude
-81.4589
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$59,880
$103,910
$686,620
$790,530
-
$296,880
$1,961,760
$2,258,640

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