Warehouse with Dock
For Sale
Contact for pricing
1401 Fotler St, Springfield, OH 45504
Warehouse for industrial and storage uses with one dock door, two drive-in doors, and 16' to 19' clear height.
Property Size10,000 SF
Price / SF$89.50
Days on Market86
Property Features for 1401 Fotler St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
19 ft
Warehouse Space
10,000 SF
Dock-High Doors
1
Drive-In Doors
2
Voltage
208 V
Three-Phase Power
Yes
Building Details
Building Size
10,000 SF
Listing Agency:
NAI Ohio Equities
(614) 554-3417
Listed By:
Ryan McGreevy · License #2007000920
(614) 554-3417
Source:
Moodyscre
Added: May 6
Changed: Jul 30
Last Checked: Jul 30 at 2:07PM
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 NAI Ohio Equities
Investment Insights
Based on property information with market context.
This warehouse at 1401 Fotler St offers 10,000 SF well suited for a range of industrial and storage uses. The building is served by one dock door and two drive-in doors measuring 12' x 14', supporting efficient receiving and straightforward vehicle access. Inside, the warehouse provides an impressive 16'-19' clear height to support flexible racking or equipment configurations.
Additional building improvements include 208-volt, 3-phase power, as well as gas heaters located within the warehouse for climate support. A fenced outdoor storage area adds extra space for storage and operational flexibility.
The combination of dock and drive-in access, clear height, and utilities makes the space practical for operators seeking an indoor warehouse footprint with added outdoor storage support.
Additional building improvements include 208-volt, 3-phase power, as well as gas heaters located within the warehouse for climate support. A fenced outdoor storage area adds extra space for storage and operational flexibility.
The combination of dock and drive-in access, clear height, and utilities makes the space practical for operators seeking an indoor warehouse footprint with added outdoor storage support.
Key Highlights
- 10,000 SF warehouse for industrial and storage uses
- One dock door plus two drive‑in doors measuring 12' x 14'
- 16' to 19' clear height for flexible racking or equipment
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 | $64.1k | $6.41 |
| − Vacancy | −$5.4k | −$0.54 |
| EGI | $58.7k | $5.87 |
| − OpEx | −$8.8k | −$0.88 |
| NOI | $49.9k | $4.99 |
10,000 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$712.8K
$623.7K – $831.6K
NOI $49,897 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.79M
$2.44M – $3.25M
NOI $195,251 @ 7.0% cap · market cap 21.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
19 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45504, OH
17,343
Population
7,100
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
788
Density / Sq Mi
$67,334
Median Household Income
$38,813
Median Earnings
$889
Median Rent
$167,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Extra Space Storage — 1885 W 1st St, Springfield, OH 45504
- Space Makers Self Storage Center — 98 N Bechtle Ave, Springfield, OH 45504
- Self-Storage at U-Haul — 802 W Columbia St, Springfield, OH 45504
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse for industrial and storage uses with one dock door, two drive-in doors, and 16' to 19' clear height.
Where is this warehouse located?
The property is located at 1401 Fotler St Springfield, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 10,000 SF warehouse for industrial and storage uses; One dock door plus two drive‑in doors measuring 12' x 14'; 16' to 19' clear height for flexible racking or equipment
