516 48th St Ashtabula, OH 44004
This exceptional 8,736 square foot industrial property located at 516 W 48th Street in Ashtabula, Ohio, presents a unique investment opportunity. Situated on a 0.16-acre lot, this building boasts impressive features ideal for a variety of uses. The high ceilings, measuring 15 feet, provide ample vertical space for storage or specialized equipment. A significant advantage is the 20-foot garage door positioned at the front of the building, ensuring easy access for large vehicles and equipment. The substantial basement extends the full length of the structure, offering additional storage or potential for expansion. The property's location in Ashtabula offers convenient access to transportation routes and local amenities. This is a rare opportunity to acquire a versatile industrial space at an attractive price point. The seller is motivated and willing to cooperate with prospective buyers. Interested parties should contact the designated point of contact for further details and to schedule a viewing. This property is being sold "as is." All interested parties are responsible for conducting their own due diligence. Don't miss this chance to own a substantial industrial property in a growing area.
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
Similar Nearby for Lease
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.