9988 Kinsman Road — Sale in Novelty, OH

  • Price: $4.6M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Novelty, OH 44072
  • Size: 113,900 SF
  • Year built: 1978

Investment Figures

Price per square foot
$40

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

Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.

Market Context

This industrial in Novelty, OH is listed for sale at $4,556,800 across 113,900 SF ($40/SF). The building dates to 1978. It has been on the market for 191 days. Compare it against other industrial listings for sale in Novelty, OH — view the full market.

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