Multi-Tenant Warehouse in New
For Sale
Contact for pricing
1127 Front Ave SW, New Philadelphia, OH
Multi-tenant warehouse with I-77 and Route 250 access.
Property Size10,500 SF
Lot Size1.63 Acres
Price / SF$75.71
Days on Market1170
Property Features for 1127 Front Ave SW
General Information
Standard status
Active
Size
10,500 SF
Lot size
1.63 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 1127 Front Ave SW
1127 Front Ave SW
AVAILABLE, Now
Floor
1
Size
10,500 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
• Multi-tenant warehouse in New Philadelphia for sale or lease.
• Building consists of two units. 4,172/SF former Swish Training facility and 6,328/SF former NST Sports Performance. Lease either side, both sides, or purchase entire building.
Owner is open to all options and TI allowance for right tenant.
• Well located with easy access to I-77 and Route 250.
Contact us
Listing Agency:
NAI Spring
(330) 966-8800
Listed By:
Kelly Sober, CCIM · License #SAL.2018003046
(330) 806-8140
Source:
Moodyscre
Added: Aug 15, 2023
Changed: Oct 25
Last Checked: Oct 26 at 6:10PM
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 NAI Spring
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant warehouse in New Philadelphia is available for sale. The building comprises two units: a 4,172 square foot space formerly occupied by Swish Training, and a 6,328 square foot NST Sports Performance area, totaling 10,500 square feet. The property offers the flexibility to lease either side, both sides, or purchase the entire building. Its location provides convenient access to I-77 and Route 250.
Key Highlights
- Flexible Use: Lease one or both units, or purchase the entire building.
- Multi‑Tenant Warehouse: Two separate units offer diverse income potential or owner‑occupancy.
- Strategic Location: Easy access to I‑77 and Route 250 for convenient transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,833
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,660
$836.7K
Cap Rate 7%
$597,614
$597.6K
Cap Rate 9%
$464,811
$464.8K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$52.9K $5.04/SF
− Vacancy
−$3.7K −$0.35/SF
EGI
$49.2K $4.69/SF
− OpEx
−$7.4K −$0.70/SF
NOI
$41.8K $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 Rate 5%
$836,660
Cap Rate 7%
$597,614
Cap Rate 9%
$464,811
Alternative Uses
Best Use
Warehouse
$597.6K
$522.9K – $697.2K
NOI $41,833 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$492.2K
$430.6K – $574.2K
NOI $34,451 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,967 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - Multi-tenant warehouse with I-77 and Route 250 access.
Where is this warehouse located?
The property is located at 1127 Front Ave SW New Philadelphia, OH.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Flexible Use: Lease one or both units, or purchase the entire building.; Multi‑Tenant Warehouse: Two separate units offer diverse income potential or owner‑occupancy.; Strategic Location: Easy access to I‑77 and Route 250 for convenient transportation.
