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    East Liberty Warehouse and Storage Title is generated by Realmo AI

    13060 Ohio 287, East Liberty, OH

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    Warehouse and storage buildings on a large 30.313 AC site.

    Type:INDUSTRIAL
    Property size:
    52,664 SF
    Lot size:
    30.31 Acres
    Price / SF:
    $55/SF
    Added:
    Oct 1, 2024
    Days on Market:
    622
    Last Refresh:
    May 20 at 8:18 pm

    Property Features for 13060 Ohio 287

    General Information

    Standard status
    Active
    Size
    52,664 SF
    Lot size
    30.31 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Michael Guagenti
    Michael Guagenti

    Listing agent Michael Guagenti License #OH 396230

    Listing office Cushman & Wakefield | Columbus

    Listing date Oct 1, 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 Cushman & Wakefield | Columbus

    HighLights

    • Large Site Area: 30.313 AC
    • Main Building Size: 47,764 SF
    • Includes 3 Docks for efficient loading and unloading
    • Includes 4 Drive‑Ins
    • Additional Storage Building: 6,900 SF

    Overview

    The property features a main building with 47,764 square feet and a storage building with 6,900 square feet, situated on a 30.313-acre site. The main building includes 3 docks and 4 drive-in doors.

    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 $309.7k $5.88
    − Vacancy −$11.5k −$0.22
    EGI $298.2k $5.66
    − OpEx −$44.7k −$0.85
    NOI $253.5k $4.81
    52,664 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.62M
    $3.17M – $4.22M (±1% cap)
    NOI $253,476 @ 7.0% cap · market cap 8.74%
    Second Best
    Industrial
    $2.98M
    $2.61M – $3.48M (±1% cap)
    NOI $208,745 @ 7.0% cap · market cap 7.20%
    Theoretical Best
    Office A
    $12.92M
    $11.31M – $15.08M (±1% cap)
    NOI $904,695 @ 7.0% cap · market cap 31.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Greensburg Park Self Storage — 2350 Greensburg Rd, Canton, OH 44720
    • Nyitray Enterprises LLC — 2315 Greensburg Rd, North Canton, OH 44720

    Map

    City
    East Liberty
    County
    Summit
    State
    Ohio
    Longitude
    -81.4647
    Latitude
    40.9324

    FAQs

    What type of property is this?
    Warehouse - Warehouse and storage buildings on a large 30.313 AC site.
    Where is this warehouse located?
    The property is located at 13060 Ohio 287 East Liberty, OH.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Large Site Area: 30.313 AC; Main Building Size: 47,764 SF; Includes 3 Docks for efficient loading and unloading
    (614) 827-1711 Call to check price and availability
    More about this property
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