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Crane Building 5403 Schaaf Ln 22,675 SF Industrial Building Independence, OH 44131 $1,814,000 ($80/SF)

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EXECUTIVE SUMMARY

This 22,675 square foot building features nine cranes: ½-Ton (1), 1-Ton (1), 2-Ton (2), 3-Ton (1), 5-Ton (2), 10-Ton Hoist (2)

5403 E Schaaf Road - Independence OH 44131 11-5-24

PROPERTY FACTS

Price	$1,814,000	No. Stories	1
Price Per SF	$80	Year Built	1960
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.88/1,000 SF
Property Subtype	Warehouse Industrial Manufacturing	Clear Ceiling Height	18’
Building Class	C	No. Dock-High Doors/Loading	1
Lot Size	2.57 AC	No. Drive In / Grade-Level Doors	2
Rentable Building Area	22,675 SF

Price	$1,814,000
Price Per SF	$80
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing
Building Class	C
Lot Size	2.57 AC
Rentable Building Area	22,675 SF
No. Stories	1
Year Built	1960
Tenancy	Single
Parking Ratio	0.88/1,000 SF
Clear Ceiling Height	18’
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	2

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
22,675 SF
Industrial
Partial Build-Out
Now

77 480 Parking 20 Surface Spaces (.88/1,000 SF) Warehouse Open Space with Cranes Cranes 9 Total: ½-Ton (1), 1-Ton (1), 2-Ton (2), 3-Ton (2), 5-Ton (2), 10-Ton Hoist (2) Year Built 1960 Docks/Drive-ins 1 Indoor Dock Accessible from the Back of the Building 2 Drive-ins Ceiling Height 20’ to the Deck; 18' Clear

Space	Size	Space Use	Condition	Available
1st Floor	22,675 SF	Industrial	Partial Build-Out	Now

Size

22,675 SF

Space Use

Industrial

Condition

Partial Build-Out

Available

Now

Size	22,675 SF
Space Use	Industrial
Condition	Partial Build-Out
Available	Now

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PROPERTY TAXES

Parcel Number	561-01-003	Improvements Assessment	$197,890
Land Assessment	$68,740	Total Assessment	$266,630

PROPERTY TAXES

Parcel Number

561-01-003

Land Assessment

$68,740

Improvements Assessment

$197,890

Total Assessment

$266,630

ZONING

Zoning Code	U-6
U-6

(216) 218-0259

CONTACTS

Terry Coyne
Claire Coyne
Newmark

Listing ID: 29868498
Date on Market: 10/24/2023
Last Updated:
Address: 5403 Schaaf Ln, Independence, OH 44131

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5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 1 of 11 — 5403 Schaaf image 1

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 2 of 11 — 5

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5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 4 of 11 — 2

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 5 of 11 — 5403 E Schaaf Road - Independence OH 44131 11-5-24 (002)

5403 Schaaf Ln, Independence, OH for sale Other- Image 6 of 11 — Other

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 7 of 11 — 5403 E Schaaf image 3

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 8 of 11 — 5403 E Schaaf image 5

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 9 of 11 — 5403 E Schaaf image 4

5403 Schaaf Ln, Independence, OH for sale Building Photo- Image 10 of 11 — 5403 E Schaaf image 2

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