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Spencer, OH

Industrial

Spencer, OH Industrial Properties for Sale

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Homerville, OH Wellington, OH Litchfield, OH Lodi, OH Lagrange, OH Sullivan, OH West Salem, OH Strongsville, OH

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

This listing looks promising.

Here's a quick look at some key insights for

201 Reed Street, Spencer, Ohio 44275

View Property Analytics

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

View Property Analytics

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.

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, 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.

Industrial Distribution Facility

Industrial Distribution Facility

422 E Commerce Dr, Lagrange, OH 44050

Contact for pricing

43,817 sqft 10.00 AC lot

Industrial facility with dock door, multiple drive-in doors, crane capacity, 20-foot ceilings, and 1,200-amp power.

34,400 SF Warehouse For Sale

34,400 SF Warehouse For Sale

104 Lee St, Lodi, OH

Contact for pricing

34,400 sqft 1.51 AC lot

34,400 SF warehouse on 1.74 acres, available March 2025.

Industrial Building in Lodi, Ohio

Industrial Building in Lodi, Ohio

104 Lee St, Lodi, OH 44254

Contact for pricing

34,400 sqft 1.74 AC lot

34,400 SF industrial building on 1.74 acres.

Manufacturing Facility with Dock Doors

Manufacturing Facility with Dock Doors

300 Commerce Dr, Lagrange, OH 44050

Contact for pricing

47,730 sqft

Manufacturing building with heavy power/air lines, multiple dock and drive-in doors, and an additional gated yard.

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.

37.48 Acres Prime Oberlin Land

37.48 Acres Prime Oberlin Land

47094 US Highway 20, Oberlin, OH 44074

$899,900

37.45 AC lot

Prime land in Oberlin with future development potential.

Industrial Development Land

Industrial Development Land

Progress Drive, Medina, OH 44256

$450,000

6.78 AC lot

Commercial land parcel totaling 6.78 acres with access to major regional arteries including I-71, Route 18, and Route 42.

Light Industrial Land Parcel

Light Industrial Land Parcel

7475 S Dewey Road, Amherst, OH 44001

$145,900

1.99 AC lot

Level 1.99-acre industrial land in Amherst suited for light industrial development and service-oriented uses.

23 Acres of Zoned Land

23 Acres of Zoned Land

V/L Clinton Avenue, Lorain, OH 44055

$325,000

23.18 AC lot

Over 23 acres of land zoned B-2 in Lorain, OH.

Off-Market Properties in Spencer, OH

Consider similar Off-Market properties in Spencer, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Main St

MINI-WAREHOUSE, STORAGE

Main St, Spencer, OH 44275

Value Estimation by Request

2,400 sqft 0.45 AC lot

Main St

INDUSTRIAL (GENERAL)

Main St, Spencer, OH 44275

Value Estimation by Request

4,050 sqft 4.64 AC lot

227 Main St

MINI-WAREHOUSE, STORAGE

227 Main St, Spencer, OH 44275-9759

$940,000

Estimated value

7,590 sqft 1.90 AC lot

6364 Root Rd

STORAGE YARD, OPEN STORAGE

6364 Root Rd, Spencer, OH 44275-9774

$525,000

Estimated value

7,104 sqft 4.86 AC lot

Main St

INDUSTRIAL (GENERAL)

Main St, Spencer, OH 44275

Value Estimation by Request

1.19 AC lot

203 Reed St

MANUFACTURING (LIGHT)

203 Reed St, Spencer, OH 44275

Value Estimation by Request

6,912 sqft 1.89 AC lot

201 Reed St

MINI-WAREHOUSE, STORAGE

201 Reed St, Spencer, OH 44275-8700

Value Estimation by Request

1,536 sqft 1.54 AC lot

Main St

MINI-WAREHOUSE, STORAGE

Main St, Spencer, OH 44275

Value Estimation by Request

2,560 sqft 6.28 AC lot

401 Main St

MINI-WAREHOUSE, STORAGE

401 Main St, Spencer, OH 44275-9564

Value Estimation by Request

4,088 sqft 1.00 AC lot

495 Main St

STORAGE YARD, OPEN STORAGE

495 Main St, Spencer, OH 44275

$620,000

Estimated value

12,000 sqft 13.25 AC lot

6395 Avon Lk Rd

MINI-WAREHOUSE, STORAGE

6395 Avon Lk Rd, Spencer, OH 44275

Value Estimation by Request

1,280 sqft 0.37 AC lot

Spencer, OH Industrial Properties Market Trends and Statistics

Explore 13 industrial properties 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 industrial buildings 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

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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