13231 Euclid AveEast Cleveland, OH 44112

  • Commercial real estate
  • 43,489 SF
For Lease
$10/SF/YR View listing

Property Details for 13231 Euclid Ave

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
1.71 AC
Property size (Sq ft)
43,489 SF
Zone code
U4
Property type
Commercial real estate
APN
672-08-009
APU
67208009

Description

This exceptional 43,489 square foot industrial flex space, situated on a 2-acre lot at 13231 Euclid Avenue in East Cleveland, presents a unique investment opportunity. Built in 1986, the single-story building boasts an impressive 18-foot ceiling height, ideal for various uses. Currently, approximately 25,000 square feet is available for lease, with the possibility of subdividing the space to accommodate specific tenant needs. The property features one loading dock and 200 feet of frontage, ensuring efficient loading and unloading. Its U4 zoning allows for a wide range of potential uses. The property's strategic location at the intersection of Euclid and Superior Avenues offers unparalleled accessibility. It's conveniently located just half a mile from the eastern edge of University Circle, providing proximity to a vibrant urban center. Furthermore, its position between the Healthline and the Red Line rapid transit systems ensures excellent public transportation access for employees and clients. The property's history as the former East Cleveland Adult Activity Center makes it particularly well-suited for workforce development programs or similar organizations seeking open, adaptable space. The APN is 672-08-009. 016 017 021 036. This is a rare opportunity to acquire a versatile industrial property in a prime East Cleveland location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,955,090
    Hospitality
    $8,202,814
    Educational
    $6,824,646
    Medical
    $7,059,356
    Retail
    $10,616,115

Location Insight

City
East Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5225
Longitude
-81.5921
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
$6,415
$52,220
$747,810
$800,030
-
$149,200
$2,136,600
$2,285,800

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