Wadsworth Industrial Facility with
For Sale
$7,995,000
1475 Wolf Creek Trail, Wadsworth, OH 44281
130,000 SF industrial facility on 14.94 acres.
Property Size130,000 SF
Lot Size14.94 Acres
Price / SF$61.50
Days on Market138
Property Features for 1475 Wolf Creek Trail
General Information
Standard status
Active
Size
130,000 SF
Lot size
14.94 Acres
Property subtype
Industrial
Listing Agency:
(330) 670-4410
Listed By:
Steve Lazarides
(330) 670-4410
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 8 at 6:28AM
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 Steve Lazarides
Investment Insights
Based on property information with market context.
This industrial facility, located in Wolf Creek Industrial Park, offers 130,000 square feet of space on 14.94 acres. Constructed and expanded between 1993 and 1998, the property includes 25,000 square feet of office space. The location provides proximity to the Akron, Cleveland, and Canton markets. The property is zoned I-1 Industrial. It features 7500 Amps at 480V / 3 phase heavy power. A large portion of the facility has a new roof. A diesel generator backs up process pumps, the exhaust system, water cooling, and emergency lighting. The shop clear height varies from 18'0" to 32'0". The Medina County parcel ID is 033-12C-10-013.
Key Highlights
- 25,000 SF of office space
- Situated on 14.94 Acres
- Zoned I‑1 Industrial
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$484,568
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,691,360
$9.7M
Cap Rate 7%
$6,922,400
$6.9M
Cap Rate 9%
$5,384,089
$5.4M
Market Conditions
NOI Build-Up for 130,000 SF
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.
Gross rent
$724.1K $5.57/SF
− Vacancy
−$31.9K −$0.25/SF
EGI
$692.2K $5.32/SF
− OpEx
−$207.7K −$1.60/SF
NOI
$484.6K $3.73/SF
Area
Medina County, OH
Vacancy
4.40%
Lease Rate
$5.57 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,691,360
Cap Rate 7%
$6,922,400
Cap Rate 9%
$5,384,089
Alternative Uses
Best Use
Office B
$22.77M
$19.92M – $26.56M
NOI $1,593,762 @ 7.0% cap · market cap 19.93%
Second Best
Industrial
$6.92M
$6.06M – $8.08M
NOI $484,568 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$36.26M
$31.73M – $42.30M
NOI $2,538,257 @ 7.0% cap · market cap 31.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 44281, OH
33,241
Population
14,298
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
47.8 sq mi
ZIP Area
695
Density / Sq Mi
$88,128
Median Household Income
$46,653
Median Earnings
$1,031
Median Rent
$262,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - 130,000 SF industrial facility on 14.94 acres.
Where is this manufacturing property located?
The property is located at 1475 Wolf Creek Trail Wadsworth, OH.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: 25,000 SF of office space; Situated on 14.94 Acres; Zoned I‑1 Industrial
