Multi-Tenant Warehouse in New
1127 Front Ave SW New Philadelphia, OH
For Sale
Contact for pricing
Multi-tenant warehouse with I-77 and Route 250 access.
Property Size10,500 SF
Lot Size1.63 Acres
Price / SF$75.71
Days on Market1080
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 Agency:
NAI Spring
(330) 966-8800
Listed By:
Kelly Sober, CCIM · License #BRKP.2001013773
(330) 806-8140
Source:
Moodyscre
Added: Aug 15, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:47AM
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
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 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 |
10,500 SF · lease $5.04/SF/yr · vacancy 7.00% · expense 15.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market 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
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.
