26391 Curtiss Wright PkwyRichmond Heights, OH 44143

  • Office properties
  • 30,477 SF
For Lease
$14/SF/YR View listing

Property Details for 26391 Curtiss Wright Pkwy

Year built
2001
Construction
TYPE NOT SPECIFIED
Lot size
3.34 AC
Property size (Sq ft)
30,477 SF
Zone code
I-1
Property type
Office properties
Property subtype
Office buildings
APN
661-09-020
APU
66109020

Description

This exceptional industrial property at Curtiss Wright Parkway offers 13,301 square feet of versatile space, currently fully vacant and available for lease. The building, constructed in 1942, features two suites, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 13,301 square feet. Suite 102 offers 6,630 square feet, while Suite 104 provides 6,671 square feet. The property boasts an impressive 18-foot ceiling height, ideal for various industrial uses, and includes one drive-in door for convenient loading and unloading. Ample parking is available with 122 spaces. The building benefits from a rooftop combination heating and cooling system, ensuring year-round climate control. The property sits on 3.32 acres of land and enjoys a prime location, offering close proximity to major transportation arteries including I-90, Route 2, and I-271. Its advantageous position adjacent to Cuyahoga County Airport further enhances its accessibility and logistical benefits. The property is well-maintained, featuring attractive landscaping. This is a rare opportunity to secure a substantial industrial space in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,482,810
    6.5%
    $5,061,056
    7%
    $4,699,552
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,850,818
    Geo Method
    $2,850,818
  • Alternative Use

    Use
    Valuation
    Residential
    $6,275,708
    Hospitality
    $5,748,516
    Educational
    $4,782,697
    Medical
    $4,947,182
    Retail
    $7,439,751
26391 Curtiss Wright Pkwy, Richmond Heights, Ohio

Location Insight

City
Richmond Heights
County
Cuyahoga
State
Ohio
Latitude
41.5695
Longitude
-81.4897
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, 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
$20,519
$50,860
$153,090
$203,950
-
$145,300
$437,400
$582,700

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