Belpre Warehouse with Truck
For Sale
Contact for pricing
123 Lee St, Belpre, OH
4,500 SF warehouse with truck terminal in Belpre, OH.
Property Size4,500 SF
Lot Size4.43 Acres
Price / SF$98.89
Days on Market498
Property Features for 123 Lee St
General Information
Standard status
Active
Size
4,500 SF
Lot size
4.43 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Fort Myers
(239) 565-7634
Listed By:
Fred Kolb, CCIM
(239) 565-7634
Source:
Moodyscre
Added: Mar 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:25AM
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 Colliers | Fort Myers
Investment Insights
Based on property information with market context.
This 4,500 square foot building features a 3,200 square foot warehouse and 1,300 square foot office space. Constructed in 1980, the property includes 14 dock-high doors, each measuring 9 feet by 12 feet, with 6 doors on each side and 2 on the end. Additionally, there is one 14-foot by 12-foot dock-high door on the end, along with a 10-foot wide ramp for end or side loading. A 4-foot overhang protects all doors. The property sits on 1.89 paved acres and includes concrete pads at the dock doors for trailer parking. It is partially fenced and connected to city utilities. The land is designated for truck terminal use (Land Use 482) and is zoned C-2 (General Commercial District) by the City of Belpre, which allows contractor's equipment storage as a special use. The property is located 200 yards from a signalized intersection with Washington Boulevard/State Route 618, approximately 1 mile from State Route 7, 2 miles from US Route 50, and 6 miles from I-77.
Key Highlights
- 4,500 SF building: 3,200 SF warehouse and 1,300 SF office space.
- 1.89 paved acres with concrete pads for trailer parking**.
- 14 dock‑high doors (9' X 12') plus one 14' X 12' dock‑high door**.
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 | $28.8k | $6.41 |
| − Vacancy | −$2.4k | −$0.54 |
| EGI | $26.4k | $5.87 |
| − OpEx | −$4.0k | −$0.88 |
| NOI | $22.5k | $4.99 |
4,500 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$320.8K
$280.7K – $374.2K
NOI $22,454 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$264.2K
$231.1K – $308.2K
NOI $18,491 @ 7.0% cap · market cap 4.16%
Theoretical Best
Mixed Use
$1.05M
$915.2K – $1.22M
NOI $73,219 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Truck terminal - 4,500 SF warehouse with truck terminal in Belpre, OH.
Where is this truck terminal located?
The property is located at 123 Lee St Belpre, OH.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 4,500 SF building: **3,200 SF warehouse and 1,300 SF office space**.; 1.89 paved acres with concrete pads for trailer parking**.; 14 dock‑high doors (9' X 12') plus one 14' X 12' dock‑high door**.
