287 Elam Rd Ray, OH 45672
For Sale
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This exceptional 12.27-acre property in Ray, Ohio, presents a substantial warehouse opportunity. Strategically located with excellent access to both US-35 and US-23, this site offers unparalleled connectivity between Chillicothe and Jackson, Ohio, ensuring efficient transportation and logistics. The warehouse itself is fully insulated and clean, providing a ready-to-use space for a variety of industrial or storage needs. While currently unheated, the building's infrastructure allows for the straightforward addition of a heating system, providing flexibility for future tenants. The expansive acreage offers ample room for expansion, with the potential for additional loading docks to be added, further enhancing operational efficiency. This property is ideal for businesses seeking a large, well-situated warehouse with significant growth potential in a convenient location. The asking price reflects the significant value and potential of this unique offering. The property's size and strategic location make it an attractive investment for businesses seeking a strong foothold in a rapidly developing area. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property is offered as-is.
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American Wood Fibers Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.