1341 Freese Works Pl Galion, OH
Industrial property featuring warehouse, freezer, and office spaces for sale.
Property Features for 1341 Freese Works Pl
General Information
- Standard status
- Active
- Size
- 7,900 SF
- Lot size
- 3.17 Acres
- Property subtype
- INDUSTRIAL
Listing office 3CRE Advisors, LLC - corporate (513) 383-8413
Listing date Jun 9, 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 3CRE Advisors, LLC - corporate
Investment Insights
Based on property information with market context.
Key Highlights
- Substantial Freezer Space: Boasting 2,595 SqFt, ideal for cold storage needs.
- Ample Warehouse Space: Benefit from 2,940 SqFt of warehouse capacity.
- Convenient Loading: Equipped with 3 drive‑in doors and 2 dock doors.
Local Financial Insights For Office B
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 | $126.1k | $15.96 |
| − Vacancy | −$25.2k | −$3.19 |
| EGI | $100.9k | $12.77 |
| − OpEx | −$25.2k | −$3.19 |
| NOI | $75.7k | $9.58 |
