Manufacturing Facility with
For Sale
Contact for pricing
999 Zane St, Zanesville, OH 43701
Configured with paint and wash areas plus office and break-room space.
Property Size13,788 SF
Lot Size2.30 Acres
Price / SF$145.05
Days on Market1032
Property Features for 999 Zane St
General Information
Standard status
Active
Size
13,788 SF
Lot size
2.30 Acres
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Drive-In Doors
6
Amenities
paint room
wash bay
break room
Listing Agency:
SHAI-Hess Commercial Real Estate
(740) 404-0665
Listed By:
J. Park Shai III
(740) 404-0665
Source:
Moodyscre
Added: Oct 5, 2023
Changed: Jul 31
Last Checked: Jul 31 at 9:57AM
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 SHAI-Hess Commercial Real Estate
Investment Insights
Based on property information with market context.
This 13,788-square-foot manufacturing facility includes two 5-ton overhead cranes, one 16-foot garage door, and five 14-foot garage doors. The building also features a paint room, wash bay, break room, and office space, with additional lean-to buildings providing storage. The property is situated on approximately 2.3 acres at 999 Zane St in Zanesville, Ohio.
Located just off SR-60 and approximately 1/4 mile from I-70, the facility offers direct access to established regional transportation routes. The property is subject to a lot split and approval by local governing offices.
Located just off SR-60 and approximately 1/4 mile from I-70, the facility offers direct access to established regional transportation routes. The property is subject to a lot split and approval by local governing offices.
Key Highlights
- 13,788 SF manufacturing facility on 2.3± acres
- Two 5‑ton overhead cranes
- One 16' and five 14' garage doors
Financial Insights For Industrial
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 | $130.7k | $9.48 |
| − Vacancy | −$8.9k | −$0.64 |
| EGI | $121.8k | $8.84 |
| − OpEx | −$36.5k | −$2.65 |
| NOI | $85.3k | $6.18 |
13,788 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.22M
$1.07M – $1.42M
NOI $85,275 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,481 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Configured with paint and wash areas plus office and break-room space.
Where is this manufacturing property located?
The property is located at 999 Zane St Zanesville, OH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 13,788 SF manufacturing facility on 2.3± acres; Two 5‑ton overhead cranes; One 16' and five 14' garage doors