123 Lee St, Belpre, OH
4,500 SF warehouse with truck terminal in Belpre, OH.
- Added:
- Mar 21, 2025
- Days on Market:
- 451
- Last Refresh:
- May 20 at 9:58 pm
Property Features for 123 Lee St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 4.43 Acres
- Property subtype
- INDUSTRIAL
Listing agent Fred Kolb, CCIM (239) 565-7634
Listing office Colliers | Fort Myers (239) 565-7634
Listing date Mar 21, 2025
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 Colliers | Fort Myers
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.
- Excellent location: 200 yards from signalized intersection and proximity to State Routes 7, US Route 50, and I‑77.
- City utilities and C‑2 Zoning (General Commercial District) allowing contractor's equipment storage as special use.
- Ramp for end/side loading and 4' overhang above all doors.
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 | $28.8k | $6.41 |
| − Vacancy | −$2.4k | −$0.54 |
| EGI | $26.4k | $5.87 |
| − OpEx | −$4.0k | −$0.88 |
| NOI | $22.5k | $4.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belpre
- County
- Washington
- State
- Ohio
- Longitude
- -81.5821
- Latitude
- 39.2721