23360 Michelle Drive

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23360 Michelle Drive

Bedford Heights, OH 44146
Asking Price
$1.50M
Asset Type
Industrial
Class
Class B

What's Special

23360 Michelle Drive is located within a concentrated industrial corridor in Bedford Heights, Ohio. The property sits approximately two miles from the Interstate 271 and Route 422 interchange, providing efficient regional connectivity to the greater Cleveland area and Akron markets. The immediate neighborhood is characterized by a mix of manufacturing facilities, distribution centers, and corporate flex spaces. Nearby amenities include a variety of quick-service dining options and professional services along the nearby Rockside Road and Broadway Avenue commercial arteries. The property is suited for light manufacturing, regional distribution, or specialized trade services such as HVAC, electrical, or plumbing contractors. Its layout and location accommodate businesses requiring a balance of warehouse storage and functional office space. Typical tenants for this asset profile include small to mid-sized logistics providers, wholesale suppliers, and local assembly firms seeking proximity to major Northeast Ohio transit routes.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times