4600 Heidtman Parkway — Sale in Cleveland, OH

  • Price: $15M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44105
  • Size: 266,837 SF
  • Year built: 2005

Investment Figures

Price per square foot
$56

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

This is a once-in-a-generation opportunity to own a large-scale industrial facility in the heart of Cleveland, ideally suited for heavy manufacturing. The property features robust infrastructure, including 11,700 kVA of 480V power, seven 35-ton cranes with under-hook heights ranging from 30 to 40 feet, and direct rail access into the building via Norfolk Southern and CSX. Spanning 33.31 acres, the site offers substantial outdoor storage capacity, including the ability to accommodate up to 50,000 tons of steel coil. Its strategic location provides excellent connectivity to Cleveland Hopkins International Airport and the Port of Cleveland, ensuring versatile shipping options. Just minutes from I-77, the site also benefits from convenient access to a broad labor pool and major interstate networks throughout Northeast Ohio.

Market Context

This industrial in Cleveland, OH is listed for sale at $14,999,999 across 266,837 SF ($56/SF). The building dates to 2005. It has been on the market for 191 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).

Contact

Explore this market

Similar Industrial Property for Sale in Cleveland, OH