3800 Harvard AveNewburgh Heights, OH 44105

  • Manufacturing properties
  • 15.83 AC
For Sale
$9,250,000 View listing

Property Details for 3800 Harvard Ave

Lot size
15.83 AC
Property type
Manufacturing properties
APN
521-08-003
APU
52108003

Description

This exceptional industrial property, located at 3800 Harvard Ave, Newburgh Heights, OH 44105, presents a significant investment opportunity. Encompassing a substantial 375,000 square feet on an expansive 18.47-acre lot in Cuyahoga County, this facility offers a versatile blend of warehouse and manufacturing space. The building boasts impressive ceiling heights ranging from 16 to 24 feet, providing ample vertical clearance for various operational needs. A significant portion, 345,000 square feet, is dedicated to warehouse and manufacturing activities, complemented by a substantial 30,000 square feet of office space. The property features heavy power capabilities, numerous drive-in doors for convenient access, and a comprehensive sprinkler system for enhanced safety. Four dock doors further facilitate efficient loading and unloading operations. This turnkey facility is offered for sale at $9,250,000 and represents a rare chance to acquire a large-scale industrial asset in a strategic Ohio location. The property's size, features, and location make it ideal for a variety of industrial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $141,990,560
    Hospitality
    $130,062,584
    Educational
    $108,210,544
    Medical
    $111,932,072
    Retail
    $168,327,520

Location Insight

City
Newburgh Heights
County
Cuyahoga
State
Ohio
Latitude
41.4456
Longitude
-81.6641
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
$79,747
$326,800
$993,620
$1,320,420
-
$933,700
$2,838,900
$3,772,600

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