Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Barberton Industrial Property with Cranes Title is generated by Realmo AI

    1050-1056 Eagon St, Barberton, OH

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Industrial property featuring cranes and seller financing in Barberton, Ohio.

    Type:INDUSTRIAL
    Property size:
    17,298 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $23/SF
    Added:
    Feb 12, 2024
    Days on Market:
    845
    Last Refresh:
    May 19 at 8:43 pm

    Property Features for 1050-1056 Eagon St

    General Information

    Standard status
    Active
    Size
    17,298 SF
    Lot size
    0.91 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1050-1056 Eagon St Contact us

    We can help!

    Listing Contact
    Bob Raskow, SIOR
    Bob Raskow, SIOR

    Listing agent Bob Raskow, SIOR License #SAL.2005016012

    Listing office NAI Pleasant Valley - Akron

    Listing date Feb 12, 2024

    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 Pleasant Valley - Akron

    HighLights

    • Seller financing available
    • I‑2 industrial zoning
    • Proximity to I‑76 (0.75 mile)
    • Ample power: 3‑phase, 480/208 volt, 800 amps
    • Multiple drive‑in doors: (1) 16’ x 18’, (1) 12’ x 16’, (2) 10’ x 10’
    • Cranes: (2) 5 ton with 18’ under hook, (2) 2 ton with 10’ under hook

    Overview

    This industrial property in Barberton, Ohio, offers 1,888 square feet of office space and 15,410 square feet of warehouse space. The property is zoned I-2 Industrial and situated on 0.91 acres with 433 feet of frontage. It features 3-phase power, 480/208 volt, 800 amps. The warehouse has varying clear heights of 14, 16, and 22 feet. There are four drive-in doors: one measuring 16 x 18 feet, one measuring 12 x 16 feet, and two measuring 10 x 10 feet. The property includes two 5-ton cranes with 18 feet under hook and two 2-ton cranes with 10 feet under hook. Restrooms include two in the office area and two in the shop area. The property is located 0.75 miles from I-76. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.5796
    Latitude
    41.0312

    Nearby Similar for Sale

    • $1,200,000
      6,000 SF

      Barberton Industrial/Flex Space Available

      Versatile 6,000 SF industrial facility in Barberton, Ohio.
      95 16th Street SW, Barberton, OH 44203
      View Details
    • $169,900
      2,572 SF

      Barberton Triplex Investment Opportunity

      Triplex in Barberton with strong cash flow potential.
      727 Wooster Road N, Barberton, OH 44203
      View Details
    • $389,900
      7,415 SF

      Barberton Mixed-Use Investment Opportunity

      Historic Barberton building with apartments and commercial space for sale.
      70 4th Street NW, Barberton, OH 44203
      View Details
    • $389,900
      7,415 SF

      Historic Barberton Mixed-Use Investment

      Two-story, mixed-use property with income potential in downtown Barberton.
      70 4th Street NW, Barberton, OH 44203
      View Details
    • $139,900
      2,243 SF

      Two-Family Duplex in Norton Schools

      Two-family duplex in Norton School District with rental income potential.
      1537 Wooster Road W, Barberton, OH 44203
      View Details
    • $565,000
      5,430 SF

      Former Italian Restaurant For Sale

      5,430 SF restaurant with large kitchen and dining area.
      234 Wooster Rd N, Barberton, OH 44203
      View Details
    • $415,000

      Barberton Office/Medical Building For Sale

      Move-in ready office/medical building in Barberton, Ohio.
      91 5th Street SE, Barberton, OH 44203
      View Details
    • $175,000

      Barberton Commercial Property with Liquor Licenses

      Two-story commercial building with operating bar and apartments.
      915 Wooster Road W, Barberton, OH 44203
      View Details
    • $649,000
      5,355 SF

      Turnkey Restaurant Redevelopment Opportunity

      5,355 SF restaurant/redevelopment site on 0.96 acres for sale/lease.
      71 5th St SE, Barberton, OH
      View Details
    • $550,000
      20,770 SF

      Industrial Buildings with Outdoor Storage

      Three industrial buildings totaling 20,770 SF with outdoor storage.
      425 Fairview Ave., Barberton, OH 44203
      View Details
    • $875,000
      5,488 SF

      Barberton Office Building For Sale

      Fully leased office building with long-term tenant in place.
      87 Conservatory Drive, Barberton, OH, 44203
      View Details
    • $1,697,000
      16,836 SF

      Medical Office Building For Sale

      Medical office building anchored by AxessPointe Community Health Centers.
      390 Robinson Ave, Barberton, OH 44203
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Industrial property featuring cranes and seller financing in Barberton, Ohio.
    Where is this manufacturing property located?
    The property is located at 1050-1056 Eagon St Barberton, OH.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Seller financing available; I‑2 industrial zoning; Proximity to I‑76 (0.75 mile)
    (330) 697-6818 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bob Raskow, SIOR
    Bob Raskow, SIOR
    Real Estate License ID: SAL.2005016012
    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

    Thank You for Inquiry
    1050-1056 Eagon St, Barberton, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!