Industrial Property for Sale in Cleveland, OH

  • Price: $7.2M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44129
  • Size: 71,870 SF
  • Year built: 1978

Description

This property offers a total of 71,870 SF with 67,600 SF of industrial space and 4,270 SF of office space on 6.97 acres. Features include 50 parking spaces with truck parking, clear heights from 28’ to 38’, four drive-in doors (two 14’x16’ and two 18’x18’), and 6”–12” concrete floors. The building is equipped with LED lighting, office A/C, radiant tube heat, and a wet sprinkler system. Crane capacity includes multiple JIB cranes along with three 10-ton, two 15-ton, three 20-ton, two 35-ton, and two 40-ton cranes.

Market Context

This industrial in Cleveland, OH is listed for sale at $7,250,000 across 71,870 SF ($101/SF). The building dates to 1978. It has been on the market for 144 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

$64.97/SF – $87.90/SF

Mid: $76.44/SF

Total estimate for 71,870 SF: $5,493,743

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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