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Distribution Center with Cold Storage
For Sale
$1,900,000

1400 Commerce Drive, New Lexington, OH 43764

COMMERCIAL - New Lexington, OH

Property Size52,282 SF
Lot Size8.47 Acres
Price / SF$36.34
Days on Market342

Property Features for 1400 Commerce Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Standard status Active
APN 240004560100
Size 52,282 SF
Lot size 8.47 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 18765

Utilities

Utilities Water Available
Heating system Forced Air
Water source Public

Building Details

Year built 1996
Floors in Building 1
Number of units 7
Listing Agency: Keller Williams Consultants · Keller Williams Realty
Listed By: Francis A Pompey · License #2019001266
Added: Sep 2, 2025 Changed: Aug 9 Last Checked: Aug 9 at 6:06PM
MLS# 225033198

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A high-capacity distribution and cold storage facility located within the New Lexington Industrial Park in Pike Township. The property sits on 8.47 acres and contains seven buildings totaling 52,282 SF. Approximately 30,000 SF is dedicated cold storage, supported by forced-air heating. Water is available from a public source.

The site offers multiple functional areas for temperature-sensitive and general warehousing operations, including a primary cold storage and processing area, secondary cold storage, and dry storage and staging. Building construction spans various years, with buildings constructed between 1987 and 2005. Public remarks also indicate there are no zoning restrictions for the site.

Current use is described as a food distribution center, retail meat market, and general storage. The property is marketed with on-site parking suitable for staff, customers, and delivery vehicles, along with ample land for future development or additional structures. Square footage is estimated and can be verified upon request.

Key Highlights

  • 8.47‑acre distribution and cold storage facility in New Lexington Industrial Park, Pike Township
  • Seven buildings totaling 52,282 SF
  • Approximately 30,000 SF dedicated cold storage

Property Analytics

Current Use

Siemer Distributing Co., ... Distribution Center Siemer Meat Market Take-out & Catering

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 43764, OH

8,177
Population
3,214
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
85%
High-School Grad
60.8 sq mi
ZIP Area
134
Density / Sq Mi
$54,388
Median Household Income
$36,581
Median Earnings
$664
Median Rent
$129,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Distribution and cold storage facility in the New Lexington Industrial Park with public water service and forced-air heat.
Where is this distribution center located?
The property is located at 1400 Commerce Drive New Lexington, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 8.47‑acre distribution and cold storage facility in New Lexington Industrial Park, Pike Township; Seven buildings totaling 52,282 SF; Approximately 30,000 SF dedicated cold storage
More about this property
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