19100 Holland RdBrook Park, OH 44142

Property Details for 19100 Holland Rd

Year built

2004

Construction

TYPE NOT SPECIFIED

Lot size

3.74 AC

Property size (Sq ft)

3,915 SF

Zone code

U5-A

Property type

Office properties

Property subtype

Office buildings

APN

342-16-009

APU

34216009

Description

This exceptional industrial property, located at 19100 Holland Rd in Brook Park, Ohio, presents a unique investment opportunity. The single-tenant warehouse boasts a substantial 31,364 square feet of space, complemented by approximately 0.9 acres of outdoor storage. The building, constructed in 1961 and classified as Class B, features a two-story design with a 20-foot ceiling height. The zoning is U5-A, and the property sits on a 3.69-acre lot (APN: 34216009, Cuyahoga County). Beyond the main warehouse, the property includes valuable additional features. A separate 2,500 square foot storage building provides extra capacity, while approximately 6,000 square feet of covered storage offers protection from the elements. The property also benefits from 5,605 square feet of first and second-story office space, featuring attractive finishes. This significant office area is not included in the overall warehouse square footage. The property's strategic location offers easy access to major transportation arteries, including I-71 and I-80, and is conveniently situated near Cleveland Hopkins International Airport. This combination of ample warehouse space, substantial outdoor storage, and well-appointed office areas makes this property an ideal choice for a variety of industrial businesses. The property is offered as a single-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $704,308

  6.5%

  $650,131

  7%

  $603,693

• Comparable approach

  Method

  Valuation

  Relative Method

  $366,209

  Geo Method

  $366,209

• Alternative Use

  Use

  Valuation

  Residential

  $806,162

  Hospitality

  $738,440

  Educational

  $614,373

  Medical

  $635,503

  Retail

  $955,692

Location Insight

City

Brook Park

County

Cuyahoga

State

Ohio

Latitude

41.3957

Longitude

-81.8357

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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