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Commercial Property with Expansion Potential

7907 Nonpariel Road Fredericksburg, OH 44627

7907 Nonpariel Road, Fredericksburg, OH, 44627
$2,500,000
For Sale
$2,500,000

COMMERCIAL - Fredericksburg, OH

Property Size16,800 SF
Lot Size5.05 Acres
Price / SF$148.81
Days on Market68

Property Features for 7907 Nonpariel Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
30-00156.006
Size
16,800 SF
Lot size
5.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
12096

Utilities

Sewer type
Septic Tank
Heating system
Natural Gas, Radiant, Forced Air
Cooling system
Central Air
Water source
Well

Building Details

Year built
2019
Roof type
Metal
Listing Agency Kaufman Realty & Auction, LLC.
163 E Jackson Street, OH
Listed by Timothy A Miller · License #2010001585
Added: May 12 Checked: Jul 18 at 3:06 am
MLS# 5209359

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property offers an excellent opportunity with 5.049 acres of land and room for expansion. It features 16,800 sq. ft. of commercial building space, including an 80'x120' steel free-span building constructed in 2019 and an 80'x90' steel free-span building built in 2024, both featuring 18' sidewalls. Building features include heating and cooling, 6" concrete floors, one 12'x12' overhead door, four 14'x14' overhead doors, two restrooms, and a breakroom. Additionally, there is a 4,008 sq. ft. showroom with four offices, a restroom, a storeroom, a utility room, in-floor heat, and air conditioning. Utilities include a private water well, septic system, three gas furnaces, central air conditioning, a generator and battery pack for electricity, MCTV internet, and 3-phase electric located within approximately 500' of the property. The buildings are situated toward the front of the property, leaving approximately 3 acres available for future expansion, outdoor storage, parking, or additional improvements. This property presents a solid opportunity for manufacturing, warehousing, equipment sales, a service business, or other commercial uses.

Key Highlights

  • Two steel free‑span buildings totaling 16,800 sq. ft. with 18' sidewalls.
  • 5.049 acres with approximately 3 acres available for expansion.
  • Includes a 4,008 sq. ft. showroom with four offices, restroom, storeroom, utility room, in‑floor heat, and air conditioning.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $107.7k $6.41
− Vacancy −$9.1k −$0.54
EGI $98.6k $5.87
− OpEx −$14.8k −$0.88
NOI $83.8k $4.99
16,800 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,828 @ 7.0% cap · market cap 3.35%
Second Best
Industrial
$986.2K
$862.9K – $1.15M (±1% cap)
NOI $69,034 @ 7.0% cap · market cap 2.76%
Theoretical Best
Multifamily LT 5
$12.28M
$10.74M – $14.33M (±1% cap)
NOI $859,513 @ 7.0% cap · market cap 34.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Electrical Service Bakery Kitchen & Bath Showroom Discount Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - 5.049 acres with 16,800 sq. ft. commercial building space.
Where is this manufacturing property located?
The property is located at 7907 Nonpariel Road Fredericksburg, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two steel free‑span buildings totaling 16,800 sq. ft. with 18' sidewalls.; 5.049 acres with approximately 3 acres available for expansion.; Includes a 4,008 sq. ft. showroom with four offices, restroom, storeroom, utility room, in‑floor heat, and air conditioning.
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More about this property
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