Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1010 Innovation Way Marysville, OH

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Expansive warehouse space with high ceilings and flexible layout.

    Type:INDUSTRIAL
    Property size:
    250,829 SF
    Lot size:
    200.69 Acres
    Added:
    Aug 1, 2025
    Days on Market:
    248
    Last Refresh:
    Apr 2 at 12:07 am

    Property Features for 1010 Innovation Way

    General Information

    Standard status
    Active
    Size
    250,829 SF
    Lot size
    200.69 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1010 Innovation Way Contact us

    We can help!

    Listing Contact
    Todd Spencer, SIOR, CCIM

    Listing agent Todd Spencer, SIOR, CCIM

    Listing office Lee & Associates | Columbus

    Listing date Aug 1, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Columbus

    Overview

    Spacious Warehouse with Modern Amenities

    This expansive warehouse space offers efficient operation with high ceilings and modern facilities designed to enhance productivity. The flexible layout can accommodate various business needs. Ample parking is available for both employees and visitors. State-of-the-art amenities support a range of industrial activities. Customizable options are available to suit specific tenant requirements. The property facilitates seamless logistics for easy transportation and distribution. Well-appointed office space is included for administrative operations. The location is within a thriving business community, and professional management provides responsive tenant support. The property size is 250829 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Marysville Storage — 548 N Main St #1, Marysville, OH 43040

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3671
    Latitude
    40.2365

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Office Space in Marysville

      Renovated private office in Uptown Marysville. Utilities included.
      116 S Main Street unit: A, Marysville, OH 43040
      View Details
    • Contact for pricing

      Uptown Marysville Commercial Space

      Commercial space in Uptown Marysville with great visibility.
      124 N Plum Street, Marysville, OH 43040
      View Details
    • Contact for pricing

      Marysville Industrial Leasing Opportunity

      Customizable industrial spaces with modern facilities in Marysville, OH.
      1101 Innovation Way, Marysville, OH 43040
      View Details
    • $13/mo

      Flex Space with Heated Warehouse

      Combined flex space with office and heated warehouse available for rent.
      1000-1028 Columbus Ave, Marysville, OH
      View Details
    • Contact for pricing

      New Retail Space Available

      New retail spaces in growing Marysville development for lease.
      US 36, Marysville, OH
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for lease in Marysville, Ohio.
      333 Caddie Dr, Marysville, OH
      View Details
    • Contact for pricing

      Industrial Manufacturing Space Near Honda

      75,000 SF industrial space near Honda manufacturing plant.
      Marysville, OH 43040
      View Details
    • Contact for pricing

      Retail Space Inside Meijer Store

      Exceptional retail opportunity within high-traffic Meijer stores in the Midwest.
      930 Colemans Crossing Blvd, Marysville, OH 43040
      View Details
    • Contact for pricing

      New Retail Spaces Available

      New construction retail spaces available in multi-tenant strip center.
      878 Colemans Xing Blvd, Marysville, OH
      View Details
    • Contact for pricing

      Marysville Flex/Industrial Space Available

      200,000 sq ft flex/industrial space in Marysville, OH.
      Weaver Rd, Marysville, OH
      View Details
    • Contact for pricing

      Marysville Retail Space Available

      Retail space available for rent in Marysville, Ohio.
      14455 OH-736, Marysville, OH
      View Details
    • Contact for pricing

      Restaurant/Bar Space in Downtown Marysville

      Restaurant/bar space with patio and parking in downtown Marysville.
      W 5th St, Marysville, OH 43040
      View Details

    FAQs

    What type of property is this?
    Warehouse - Expansive warehouse space with high ceilings and flexible layout.
    Where is this warehouse located?
    The property is located at 1010 Innovation Way Marysville, OH.
    What are key features of this property?
    This property features: Expansive warehouse space for efficient operation; Prime location within a thriving business community; Flexible layout to accommodate various business needs
    (614) 923-3300 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Todd Spencer, SIOR, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!