Steel Commercial Warehouse with
14617 Kettlersville Road Wapakoneta, OH 45895
14617 Kettlersville Road, Wapakoneta, OH, 45895
$625,000
For Sale
$625,000
Steel-on-steel warehouse built in 2011 includes multiple overhead doors, offices, and a fenced impound area.
Property Size6,040 SF
Price / SF$103.48
Days on Market200
Property Features for 14617 Kettlersville Road
General Information
- Standard status
- Active
- Size
- 6,040 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2011
Listing agency
(937) 498-4725
Listed by
Brokers Real Estate
(937) 498-4725
Source
Xome
Added: Jan 3 Updated: Jul 22 at 6:53PM Checked: Jul 22 at 6:53PM
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 Brokers Real Estate
Investment Insights
Based on property information with market context.
This steel-on-steel commercial building is approximately 50’ x 100’ and was built in 2011. The space includes five bays, a mechanical room, a parts area, and office space on both the second floor and the downstairs level. Improvements also include a full bath with shower and a reception area. Door access features four 14’ x 16’ doors, one 16’ x 20’ door, and three walk-in doors.
The property includes a 200-foot fenced-in impound area. An onsite manufactured home on a permanent foundation is also included, described as a 1989 unit updated in 2024, with 20’ x 50’ dimensions and currently rented (per the remarks). The sale is being conducted via in-person and online auction, with the auction ending at 7:00 PM Thursday, August 20, 2026 at the property; buyers must sign an acknowledgement of terms to bid.
For additional operational configuration, the building is described as having an on-site parts area and offices, along with substantial fenced storage/impound space for vehicles or materials, supported by multiple exterior doors.
The property includes a 200-foot fenced-in impound area. An onsite manufactured home on a permanent foundation is also included, described as a 1989 unit updated in 2024, with 20’ x 50’ dimensions and currently rented (per the remarks). The sale is being conducted via in-person and online auction, with the auction ending at 7:00 PM Thursday, August 20, 2026 at the property; buyers must sign an acknowledgement of terms to bid.
For additional operational configuration, the building is described as having an on-site parts area and offices, along with substantial fenced storage/impound space for vehicles or materials, supported by multiple exterior doors.
Key Highlights
- 2011 steel‑on‑steel commercial building with offices, reception area, mechanical room, parts area, and full bath with shower
- 50' x 100' building with 4 overhead doors (14' x 16'), one overhead door (16' x 20'), plus 3 walk‑in doors and 5 bays
- 200 ft fenced impound area for equipment/vehicles, plus security lighting and overhead doors
Local Financial Insights For Flex RnD
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 | $87.0k | $14.40 |
| − Vacancy | −$7.0k | −$1.15 |
| EGI | $80.0k | $13.25 |
| − OpEx | −$28.0k | −$4.64 |
| NOI | $52.0k | $8.61 |
6,040 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.06M
$925.6K – $1.23M
NOI $74,049 @ 7.0% cap · market cap 11.85%
Second Best
Flex RnD
$743.0K
$650.2K – $866.9K
NOI $52,012 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,163 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Steel-on-steel warehouse built in 2011 includes multiple overhead doors, offices, and a fenced impound area.
Where is this flex space located?
The property is located at 14617 Kettlersville Road Wapakoneta, OH.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2011 steel‑on‑steel commercial building with offices, reception area, mechanical room, parts area, and full bath with shower; 50' x 100' building with 4 overhead doors (14' x 16'), one overhead door (16' x 20'), plus 3 walk‑in doors and 5 bays; 200 ft fenced impound area for equipment/vehicles, plus security lighting and overhead doors
