Renovated Warehouse with Multiple
For Sale
$169,900
1015 Trenton Ave, Uhrichsville, OH 44683
Renovated warehouse with three bays, overhead doors, and water and sewer connections inside the building.
Property Size3,536 SF
Price / SF$48.05
Days on Market37
Property Features for 1015 Trenton Ave
General Information
Standard status
Active
Size
3,536 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Power
200 amps
Building Details
Year Built
1980
Buildings
1
Building Size
3,536 SF
Listing Agency:
McInturf Realty
(330) 343-7603
Listed By:
Jan A McInturf · License #314352
Source:
Theacclaimedrealty
Added: Jul 25
Changed: Aug 28
Last Checked: Aug 29 at 12:16PM
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 McInturf Realty
Investment Insights
Based on property information with market context.
Renovated warehouse improvements include new metal siding and a new roof, with three separate bays arranged for varied operational needs. The left bay measures 20 X 51 and has 10' ceilings plus a 10 X 10 overhead door. The center bay measures 31 X 51, features insulated walls and ceilings, 17' ceilings, and a 12' overhead door. The right bay measures 15 X 51 and includes a 9' overhead door.
A potential 24 X 12 office and 8 X 8 bathroom are stubbed in. The building has 200 amp electric service, with water and sewer available inside. Located off State Route 36, the property also offers access to State Route 250. Built in 1980, the property is offered as-is.
A potential 24 X 12 office and 8 X 8 bathroom are stubbed in. The building has 200 amp electric service, with water and sewer available inside. Located off State Route 36, the property also offers access to State Route 250. Built in 1980, the property is offered as-is.
Key Highlights
- 3,536 SF warehouse with new metal siding and roof
- Three bays with 10 X 10, 12', and 9' overhead doors
- Center bay has insulated walls and ceilings with 17' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,088
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,760
$281.8K
Cap Rate 7%
$201,257
$201.3K
Cap Rate 9%
$156,533
$156.5K
Market Conditions
NOI Build-Up for 3,536 SF
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.
Gross rent
$17.8K $5.04/SF
− Vacancy
−$1.2K −$0.35/SF
EGI
$16.6K $4.69/SF
− OpEx
−$2.5K −$0.70/SF
NOI
$14.1K $3.98/SF
Area
Tuscarawas County, OH
Vacancy
7.00%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,760
Cap Rate 7%
$201,257
Cap Rate 9%
$156,533
Alternative Uses
Best Use
Warehouse
$201.3K
$176.1K – $234.8K
NOI $14,088 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.9K
$576.6K – $768.8K
NOI $46,125 @ 7.0% cap · market cap 27.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44683, OH
8,313
Population
3,566
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
67.0 sq mi
ZIP Area
124
Density / Sq Mi
$55,179
Median Household Income
$37,703
Median Earnings
$828
Median Rent
$114,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Storage Matters — 5160 Cross St, Uhrichsville, OH 44683
- Trenton avenue safe storage — 6 Packer St, Uhrichsville, OH 44683
- Trenton Avenue safe stoarge — 907 Trenton Ave, Uhrichsville, OH 44683
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated warehouse with three bays, overhead doors, and water and sewer connections inside the building.
Where is this warehouse located?
The property is located at 1015 Trenton Ave Uhrichsville, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 3,536 SF warehouse with new metal siding and roof; Three bays with 10 X 10, 12', and 9' overhead doors; Center bay has insulated walls and ceilings with 17' ceilings
