1127 Front Ave SW, New Philadelphia, OH
Multi-tenant warehouse with I-77 and Route 250 access.
- Added:
- Aug 15, 2023
- Days on Market:
- 1034
- Last Refresh:
- May 19 at 10:45 pm
Property Features for 1127 Front Ave SW
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Lot size
- 1.63 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 1127 Front Ave SW Contact us
Listing agent Kelly Sober, CCIM License #BRKP.2001013773 (330) 806-8140
Listing office NAI Spring (330) 966-8800
Listing date Aug 15, 2023
Source Moodyscre
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
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.
- Sizeable Units: Includes a 4,172 SF unit (former Swish Training facility) and a 6,328 SF unit (NST Sports Performance).
- Investment or Operational Opportunity: Ideal for investors or businesses needing warehouse space.
- New Philadelphia Location: Access to local markets and workforce.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.9k | $5.04 |
| − Vacancy | −$3.7k | −$0.35 |
| EGI | $49.2k | $4.69 |
| − OpEx | −$7.4k | −$0.70 |
| NOI | $41.8k | $3.98 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- cows of north east ohio — 240 16th St SW, New Philadelphia, OH 44663
- Tyler Moving and Storage Systems, Inc. — 240 16th St SW, New Philadelphia, OH 44663
Location Insight
- Map
- Local Demand
- City
- New Philadelphia
- County
- Tuscarawas
- State
- Ohio
- Longitude
- -81.4679
- Latitude
- 40.491
