Industrial Warehouse with
135 Kensington Ave Zanesville, OH 43701
For Sale
Contact for pricing
Industrial warehouse with dedicated office space, fenced yard, 3-phase power, and multiple drive-in doors.
Property Size11,500 SF
Lot Size1.25 Acres
Price / SF$76.09
Days on Market21
Property Features for 135 Kensington Ave
General Information
Standard status
Active
Size
11,500 SF
Lot size
1.25 Acres
Property subtype
INDUSTRIAL
Listing Agency:
SHAI-Hess Commercial Real Estate
(740) 334-2863
Listed By:
Joe Gebhart
(740) 334-2863
Source:
Moodyscre
Added: Jul 9
Changed: Jul 26
Last Checked: Jul 28 at 1:05PM
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 industrial warehouse property includes dedicated office space and a fenced, secured area for controlled operations. The facility is supported by 3-phase electric power and offers a total building area of 7,932 SF plus an additional 3,072 SF, with clear heights of 15’ and 12’6”, respectively. Shipping and receiving is supported by seven drive-in doors, including three 14’ doors, three 12’ doors, and one 8’ door.
The property sits on approximately 1.25 acres and provides convenient access to major transportation routes. It is positioned to support warehousing, manufacturing, or service-related operations requiring both office space and robust loading capacity.
The layout combines office space with warehouse areas designed for higher-clearance storage and flexible facility use within the secured yard setting.
The property sits on approximately 1.25 acres and provides convenient access to major transportation routes. It is positioned to support warehousing, manufacturing, or service-related operations requiring both office space and robust loading capacity.
The layout combines office space with warehouse areas designed for higher-clearance storage and flexible facility use within the secured yard setting.
Key Highlights
- Industrial building totaling 7,932 SF with 15' clear height plus 3,072 SF with 12'6" clear height
- Seven drive‑in doors: three 14', three 12', and one 8' door
- Dedicated office space included for on‑site operations
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 | $109.0k | $9.48 |
| − Vacancy | −$7.4k | −$0.64 |
| EGI | $101.6k | $8.84 |
| − OpEx | −$30.5k | −$2.65 |
| NOI | $71.1k | $6.18 |
11,500 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,366 @ 7.0% cap · market cap 9.87%
Second Best
Industrial
$1.02M
$889.1K – $1.19M
NOI $71,125 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,719 @ 7.0% cap · market cap 19.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Hidey Hole Mini Storage — 210 E Main St, Zanesville, OH 43701
- 5 Points Rentals — 104 S Maysville Ave, Zanesville, OH 43701
- Store N Go Self Storage Zanesville OH — 2113 Greenhouse Rd, Zanesville, OH 43701
- Pembroke Storage — 60 E Berkley St, South Zanesville, OH 43701
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with dedicated office space, fenced yard, 3-phase power, and multiple drive-in doors.
Where is this warehouse located?
The property is located at 135 Kensington Ave Zanesville, OH.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Industrial building totaling 7,932 SF with 15' clear height plus 3,072 SF with 12'6" clear height; Seven drive‑in doors: three 14', three 12', and one 8' door; Dedicated office space included for on‑site operations
