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    Spencer, OH
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    Spencer, OH Flex Space for Sale

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    Industrial Flex Building with Drive-In Doors
    Updated: Oct 7, 2025
    Industrial Flex Building with Drive-In Doors

    201 Reed Street, Spencer, OH 44275

    $599,000
    10,032 sqft 3.43 AC lot
    10,032 SF office/warehouse building on 3.43 acres in Medina County
    Office/warehouse layout includes 4 drive‑in doors
    Central HVAC and public utilities
    Zoned Industrial
    Convenient access off OH‑301 south of Rt. 162 near Medina, Lodi, and Wellington
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 Reed Street, Spencer, Ohio 44275

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $649K
      Above asking

    • Last Sold

      Aug 2005
      $151K

    • Property Type

      Mini-Warehouse, Storage
      Built 1985
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    Industrial/Flex Building on 3.43 Acres
    Updated: Oct 7, 2025
    Industrial/Flex Building on 3.43 Acres

    203 Reed St, Spencer, OH

    Contact for pricing
    3.45 AC lot
    10,032 SF building on 3.43 acres offers income potential and future growth.
    Zoned Industrial with space for expansion or additional development.
    Four drive‑in doors provide easy access for various business types.
    Office/warehouse mix with central HVAC and public utilities.
    Convenient access off OH‑301, south of Rt. 162, connecting to Medina, Lodi, and Wellington.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Flex-Retail Building with Drive-In Door
    New Flex-Retail Building with Drive-In Door

    402 S Elmwood Ave, Medina, OH 44256

    Contact for pricing
    2,622 sqft

    New 2,622 SF C-2 zoned flex/retail building with a glass drive-in door and second-floor loft area.

    View details
    Industrial-Zoned Flex Warehouse
    Industrial-Zoned Flex Warehouse

    775 W. Smith Rd., Medina, OH 44256

    $6,750,000

    Flexible industrial facility configured for warehousing, light manufacturing contractor bays, and flex-office use with truck access.

    View details
    Flex/Industrial Buildings with Storage
    Flex/Industrial Buildings with Storage

    880 Infirmary Rd, Elyria, OH 44035

    Contact for pricing
    17,595 sqft

    Two well-maintained buildings offer drive-in door access, clear span interiors, and fenced outdoor storage.

    View details
    Elyria Flex/Industrial Property For Sale
    Elyria Flex/Industrial Property For Sale

    625 Broad Street, Elyria, OH 44035

    $1,600,000

    Flex/Industrial property available for purchase in Elyria, Ohio.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Aurora Industrial Land For Sale
    Aurora Industrial Land For Sale

    1100 South Chillicothe Road, Aurora, OH 44202

    $2,500,000
    25.00 AC lot

    25 acres of industrial land with frontage on State Route 43.

    View details
    Dublin Development Land Available
    Dublin Development Land Available

    5751 Cosgray Road, Dublin, OH 43016

    $5,525,000
    2,831,400 sqft 65.00 AC lot

    65 +/- acre development land in Dublin, Ohio.

    View details
    Industrial Land with Rail Exposure
    Industrial Land with Rail Exposure

    Quarry Road SE, Lancaster, OH 43130

    $690,000
    8.63 AC lot

    8.63 acres of flat industrial land with water available and SI Service Industrial zoning.

    View details
    36+ Acres in Tipp City
    36+ Acres in Tipp City

    6201 S Co Rd 25A, Tipp City, OH 45371

    $1,895,000
    36.43 AC lot

    36+ acres of commercial land in the North Dayton/Airport Market.

    View details

    Spencer, OH Flex Space Market Trends and Statistics

    Explore 2 flex space for sale in Spencer, OH on our real estate platform. These investment opportunities span a total of 10,032 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for business spaces in Spencer, OH average $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 2

    Demographics Overview

    Population 3,190
    Population Growth (5Y) -2.7%
    Median Household Income $102,083
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44275 $599K

    Taxes & Financing

    Tax Rate (average for all types) 4.84%
    Property Tax per SF $96.91 per SF
    Average Loan-to-Value 65.0%

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