New Industrial Facility with
1627 Scarbrough Dr Piqua, OH
1627 Scarbrough Dr, Piqua, OH, 00000
Contact for pricing
For Sale
Contact for pricing
New industrial facility with tax abatement and storage space.
Property Size32,568 SF
Lot Size3.15 Acres
Price / SF$104.40
Days on Market229
Property Features for 1627 Scarbrough Dr
General Information
- Standard status
- Active
- Size
- 32,568 SF
- Lot size
- 3.15 Acres
- Property subtype
- SPECIALTY
Listing Agency
NAI Bergman
(937) 673-4366
Listed by
Scott Kaster · License #SAL.2009000788
(937) 673-4366
Source
Moodyscre
Added: Dec 3, 2025 Checked: Jul 19 at 4:25 am
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 Bergman
Investment Insights
Based on property information with market context.
This brand new industrial facility, completed in 2024, features three completed buildings with plans for up to seven more. The property offers ample room for outdoor storage and easy access to Interstate 75. A 15-year tax abatement is in place. The property is located across the street from Camping World and provides large RV storage. The property size is 32568 square feet.
Key Highlights
- Brand new facility completed in 2024
- 15 year tax abatement in place!
- Easy access from Interstate 75
Local Financial Insights For Retail
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 | $469.0k | $14.40 |
| − Vacancy | −$30.0k | −$0.92 |
| EGI | $439.0k | $13.48 |
| − OpEx | −$131.7k | −$4.04 |
| NOI | $307.3k | $9.43 |
32,568 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$6.23M
$5.45M – $7.26M
NOI $435,772 @ 7.0% cap · market cap 12.82%
Second Best
Industrial
$5.13M
$4.49M – $5.98M
NOI $358,871 @ 7.0% cap · market cap 10.56%
Theoretical Best
Office A
$6.64M
$5.81M – $7.74M
NOI $464,633 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
Similar Off Market Nearby
- Kenridge Storage — 8761 Sherry Dr, Piqua, OH 45356
FAQs
What type of property is this?
Warehouse - New industrial facility with tax abatement and storage space.
Where is this warehouse located?
The property is located at 1627 Scarbrough Dr Piqua, OH.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Brand new facility completed in 2024; 15 year tax abatement in place!; Easy access from Interstate 75
