Office-Warehouse with
New
For Sale
Contact for pricing
1545 High Point Ct, Zanesville, OH 43701
A flexible commercial building combines office and warehouse space with an additional vacant lot.
Property Size7,550 SF
Lot Size2.80 Acres
Price / SF$178.81
Days on Market3
Property Features for 1545 High Point Ct
General Information
Standard status
Active
Size
7,550 SF
Lot size
2.80 Acres
Property subtype
INDUSTRIAL
Additional Details
Power
400 amps
Amenities
Keyless entry
Security system
Generator
Building Details
Building Size
7,550 SF
Listing Agency:
SHAI-Hess Commercial Real Estate
Listed By:
Brandon Hess
(740) 587-7441
Source:
Moodyscre
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 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 SHAI-Hess Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 7,550-square-foot flex property pairs office space with warehouse area. Keyless entry and an installed security system support controlled building access, while 400-amp electrical service serves the property. A generator can supply approximately 80% of the building.
The property totals 2.796± acres and includes a separate vacant lot alongside the improved site.
The property totals 2.796± acres and includes a separate vacant lot alongside the improved site.
Key Highlights
- 7,550 SF office and warehouse building
- 2.796± total acres, including an additional vacant lot
- 400‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,701
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,020
$1.1M
Cap Rate 7%
$810,014
$810.0K
Cap Rate 9%
$630,011
$630.0K
Market Conditions
NOI Build-Up for 7,550 SF
Gross rent
$71.6K $9.48/SF
− Vacancy
−$4.9K −$0.64/SF
EGI
$66.7K $8.84/SF
− OpEx
−$10.0K −$1.33/SF
NOI
$56.7K $7.51/SF
Area
Muskingum County, OH
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,020
Cap Rate 7%
$810,014
Cap Rate 9%
$630,011
Alternative Uses
Best Use
Warehouse
$810.0K
$708.8K – $945.0K
NOI $56,701 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$667.1K
$583.7K – $778.3K
NOI $46,695 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,707 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A flexible commercial building combines office and warehouse space with an additional vacant lot.
Where is this flex space located?
The property is located at 1545 High Point Ct Zanesville, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 7,550 SF office and warehouse building; 2.796± total acres, including an additional vacant lot; 400‑amp electrical service
