Industrial Property for Sale in Cleveland, OH

  • Price: $4M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44106
  • Size: 21,305 SF
  • Year built: 1975

Description

Ideal for warehouse/manufacturing, medical, R&D, data center or lab use. Vertical development opportunity for 150 units. Proximity to the Artisan, Centric Apartments and Stokes West Apartments. Adjacent to Cleveland Clinic Main Campus.

Market Context

This industrial in Cleveland, OH is listed for sale at $4,000,000 across 21,305 SF ($188/SF). The building dates to 1975. It has been on the market for 143 days. Compare it against other industrial listings for sale in Cleveland, OH — <a href="/search/sale/industrial/ohio/cleveland">view the full market</a>.

As of Q1 2026, the Cleveland industrial market showed a 8.8% vacancy rate, and cap rates around 10.5%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Cleveland?
About 10.5% as of Q1 2026, per Consensus.
Is the Cleveland industrial market tightening or softening?
Vacancy is around 8.8% (Q1 2026).

Unified Estimate

Very Low Confidence

$119.38/SF – $161.51/SF

Mid: $140.45/SF

Total estimate for 21,305 SF: $2,992,287

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market minneapolis (similarity: 99%) with 4 comparable listings.

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