Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4070 Spartan Dr Oregon, OH 43616

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5 SF/Yr $26,250/Mo (calc)

    60,000 SF warehouse near automotive suppliers and major routes.

    Type:Industrial
    Property size:
    60,000 SF
    Added:
    Nov 22, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 10:50 pm

    Property Features for 4070 Spartan Dr

    General Information

    Standard status
    Active
    Size
    60,000 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 4070 Spartan Dr Contact us

    We can help!

    Listing Contact
    Stephanie Kuhlman
    Stephanie Kuhlman

    Listing agent Stephanie Kuhlman License #OH #SAL.2012001174

    Listing office NAI Harmon Group

    Listing date Nov 22, 2025

    Source Naiglobal

    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 Harmon Group

    Overview

    Industrial Warehouse in Spartan Park

    This 60,000 SF industrial warehouse building is available. Located in Spartan Industrial Park, the property is situated near multiple tier 1 automotive suppliers, Midwest Terminals, and Cleveland Cliffs. It is 3 miles from St Rt 2, 4.5 miles from I-280, 6 miles to FCA, and 6 miles to I-75. The warehouse includes 1 private office and 1 breakroom/office, along with 2 restrooms. The column spacing measures 72'5" x 26'1". The ceiling height is 31'2 ft on the side and 32'6 ft in the middle. It features 6 electric dock doors, all equipped with automatic levelers, and 1 14ft grade-level overhead door.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Garden Center Travel Agency (Bike/Boat/Book/etc) Store Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Lucas
    State
    Ohio
    Longitude
    -83.451
    Latitude
    41.6612

    Nearby Similar for Lease

    • Contact for pricing

      Freestanding Retail Building with Drive-Thru

      High-visibility retail building with drive-thru and ample parking.
      3362 Navarre Avenue, Oregon, OH 43616
      View Details
    • Contact for pricing

      Redevelopment Opportunity on Corner Lot

      4.25 acre corner lot with excellent visibility and exposure.
      2195 & 2255 Navarre Avenue, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space in Oregon Center

      Retail space available in Oregon Town Center development.
      2830 Navarre Avenue, Oregon, OH 43616
      View Details
    • $18 SF/Yr

      Freestanding Retail Building with Drive-Thru

      High-visibility retail property with drive-thru and ample parking.
      3362 Navarre Ave, Oregon, OH
      View Details
    • Contact for pricing

      Retail Space on Navarre Avenue

      Retail space available on a major retail corridor.
      3165 Navarre Avenue, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent with 44' x 74' bay.
      3555 Navarre Avenue, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space with Easy Access

      Retail space featuring excellent accessibility in Oregon, Ohio.
      3316 Navarre Avenue, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space in Navarre Crossing

      Inline retail space available in busy Oregon shopping center.
      2963 Navarre Ave, Oregon, OH
      View Details
    • $14 SF/Yr

      Retail/Medical Space on Navarre Avenue

      Retail or medical space with high traffic and pylon signage.
      3165 Navarre Ave, Oregon, OH
      View Details
    • Contact for pricing

      Retail Space in Oregon Town Center

      Retail space available in Oregon Town Center development.
      2830 Navarre Ave, Oregon, OH
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available, offering 1,000 SqFt in Oregon, OH.
      2300 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space Available for Lease

      Retail property available for lease in Oregon, Ohio.
      2830 Navarre Ave, Oregon, OH 43616
      View Details

    FAQs

    What type of property is this?
    Warehouse - 60,000 SF warehouse near automotive suppliers and major routes.
    Where is this warehouse located?
    The property is located at 4070 Spartan Dr Oregon, OH.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Strategic location near major transportation routes (St Rt 2, I‑280, I‑75) and key industrial hubs.; High ceiling height (31'2 ft side; 32'6 ft middle) suitable for various industrial operations.; Six electric dock doors with automatic levelers for efficient loading and unloading.
    (419) 960-4410
    We can help!
    Listing Contact
    Stephanie Kuhlman
    Stephanie Kuhlman
    Real Estate License ID: OH #SAL.2012001174
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!