Warehouse Property for
For Sale
$179,900
1128 N Main Street, Uhrichsville, OH 44683
Warehouse property located on N Main Street in Uhrichsville, Ohio.
Property Size3,217 SF
Days on Market49
Property Features for 1128 N Main Street
General Information
Standard status
Active
Size
3,217 SF
Taxes and HOA fees
Annual Taxes
$899
Amenities
OverheadDoors
Window Unit(s)
Natural Gas, Forced Air
Building Details
Building Size
3,217 SF
Year Built
1949
Listing Agency:
Fell Realty, LLC
Listed By:
Caleb M Fell
(330) 340-9271
Source:
Evrealestate
Added: Jul 26
Changed: Sep 9
Last Checked: Sep 12 at 4:15AM
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 Fell Realty, LLC
Investment Insights
Based on property information with market context.
Warehouse property offered for sale, located at 1128 N Main Street in Uhrichsville, Ohio (Tuscarawas County). The building sits on the right side when approaching from N Water St via E 12th St to N Main St.
Specific details on building layout, condition, and size were not provided in the available information.
Specific details on building layout, condition, and size were not provided in the available information.
Key Highlights
- Warehouse property on N Main Street in Uhrichsville, Ohio
- Year built: 1949
- Heating: natural gas, forced air
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
$12,817
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
7.12%
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%
$256,340
$256.3K
Cap Rate 7%
$183,100
$183.1K
Cap Rate 9%
$142,411
$142.4K
Market Conditions
NOI Build-Up for 3,217 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
$16.2K $5.04/SF
− Vacancy
−$1.1K −$0.35/SF
EGI
$15.1K $4.69/SF
− OpEx
−$2.3K −$0.70/SF
NOI
$12.8K $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 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%
$256,340
Cap Rate 7%
$183,100
Cap Rate 9%
$142,411
Alternative Uses
Best Use
Warehouse
$183.1K
$160.2K – $213.6K
NOI $12,817 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$599.5K
$524.6K – $699.4K
NOI $41,964 @ 7.0% cap · market cap 23.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Well-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property located on N Main Street in Uhrichsville, Ohio.
Where is this warehouse located?
The property is located at 1128 N Main Street Uhrichsville, OH.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Warehouse property on N Main Street in Uhrichsville, Ohio; Year built: 1949; Heating: natural gas, forced air
