Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14 Technology Way Steubenville, OH 43952

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,882,000

    Single-tenant industrial facility in Steubenville, OH, with long-term lease.

    Property size:
    57,000 SF

    Property Features for 14 Technology Way

    General Information

    Size
    57,000 SF

    We can help!

    Listing Contact
    Ross Langford
    Source: Lee-associates

    Listing Agent: Ross Langford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Steubenville Industrial Facility For Sale

    The industrial facility, located at 14 Technology Drive, Steubenville, OH 43952, is available for sale. Situated on 6.79 acres, the 57,000 square foot property is currently occupied by Bully Tools, a manufacturer of lawn, garden, and specialty tools. The property will be leased back to Bully Tools under a 20-year absolute NNN lease, featuring 2.00% annual contractual rent escalations and two 5-year renewal options at fair market value. Located in an established business hub in Steubenville, Jefferson County, the property offers convenient access to US-22 and OH-43. The property is positioned within a growing industrial area with a diverse, middle-income population. The building is well-maintained and suited for a variety of commercial uses. Steubenville and surrounding areas exhibit positive trends in industrial development, with local initiatives designed to attract new businesses and investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bully Tools Building Materials Store Bully Tools - 100% ... Tool Manufacturer

    Suggested Use

    Restaurant Building Supply Wholesale Shop Department Store Auto Parts Store Smoke and Vape Shop Pet Grooming Service Storage Facility Parking Facility Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steubenville
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.7166055
    Latitude
    40.4030412

    Nearby Similar for Sale

    • $339,000
      0.48 Acres

      Downtown Steubenville Commercial Property

      46,000 SF commercial property ideal for distribution or manufacturing.
      312 N 7Th St, Steubenville, OH 43952
      View Details
    • $106,000
      0.07 Acres

      Remodeled Duplex on Corner Lot

      Remodeled Steubenville duplex, ideal for investors or owner-occupiers.
      600 Garrett Ave, Steubenville, OH 43952
      View Details
    • $400,000
      0.67 Acres

      Iconic Bar in Steubenville Landmark

      Turnkey bar operation with apartment and outdoor entertainment space.
      217 S 4Th St, Steubenville, OH 43952
      View Details
    • Contact for pricing
      0.10 Acres

      Duplex Fixer-Upper in Steubenville

      Duplex in Steubenville, OH: Ideal for investors or owner-occupants.
      1055 Wilson Ave, Steubenville, OH 43952
      View Details
    • $6,228,671
      9,428 SF

      Steubenville Medical Property for Sale

      NNN investment opportunity in a strategically located medical hub.
      2323 Sunset Blvd, Steubenville, OH 43952
      View Details
    • $90,000
      0.07 Acres

      Steubenville Duplex For Sale

      Duplex in Steubenville, priced for quick sale.
      1242 Ridge Ave, Steubenville, OH 43952
      View Details
    • $11,500,000
      61,623 SF

      Retail Property in Steubenville, OH

      Retail property available for sale in Steubenville, Ohio.
      864 Main St, Steubenville, OH 43953
      View Details
    • $179,000
      7,584 SF

      Downtown Steubenville Mixed-Use Property

      Prime Location, High-Potential Investment
      156-160 4Th St, Steubenville, OH 43952
      View Details
    • $875,000
      1.50 Acres

      Sunset Blvd Mixed-Use Opportunity

      High-traffic, 1.5-acre mixed-use property with strong cash flow.
      4150 Sunset Blvd, Steubenville, OH 43952
      View Details
    • $499,000
      0.42 Acres

      Sunset Blvd Multi-Family Compound

      Spacious Steubenville property, dual homes, high potential.
      2117 Sunset Blvd, Steubenville, OH 43952
      View Details
    • $295,000
      0.27 Acres

      Prime Steubenville Industrial Building

      Versatile Industrial Space - Great Location
      229 Butte St, Steubenville, OH 43952
      View Details
    • Contact for pricing
      3,500 SF

      Sunset Blvd Car Wash Investment

      Turnkey Car Wash - High Traffic Area
      4180 Sunset Blvd, Steubenville, OH 43952
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Single-tenant industrial facility in Steubenville, OH, with long-term lease.
    Where is this manufacturing property located?
    The property is located at 14 Technology Way Steubenville, OH.
    What is the asking price?
    The asking price for this property is $3,882,000.
    What are key features of this property?
    This property features: - 20-year absolute NNN lease with Bully Tools, providing completely passive income.; - 2.00% annual contractual rent escalations, ensuring growing long-term income.; - Bully Tools is the only privately-owned and operated USA made lawn, garden, and specialty tools in the United States.
    (412) 444-1015
    Request Owner's contact information
    14 Technology Way Steubenville, OH 43952
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 Technology Way
    Steubenville, OH 43952
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Technology Way Steubenville, OH 43952
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ross Langford
    (412) 444-1015
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.