10617 Cedar Avenue — 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

Investment Figures

Price per square foot
$188

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

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 192 days. Compare it against other industrial listings for sale in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland industrial market showed an 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

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

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