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Fairfield Industrial Property For Sale
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160 Donald Dr, Fairfield, OH

20,490 SF industrial property with expansion potential.

Property Size20,490 SF
Lot Size1.95 Acres
Price / SF$96
Days on Market293

Property Features for 160 Donald Dr

General Information

Standard status Active
Size 20,490 SF
Lot size 1.95 Acres
Property subtype INDUSTRIAL
Listing Agency: Colliers | Cincinnati
Listed By: Erin Casey, SIOR
Source: Moodyscre
Added: Oct 17, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:43AM

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 Colliers | Cincinnati

Investment Insights

Based on property information with market context.

This 20,490 square foot property presents an opportunity for investment or owner-occupancy. The property, zoned for manufacturing and light assembly (I), features a paved lot that is fenced and gated. An additional 2,995 square feet of mezzanine space is available for office or warehouse use, along with a connected 335 square foot storage building. The space is currently divided into two suites, but can be combined. The property is located less than 5 miles from I-275 and SR-129, and 7 miles to I-75.

Key Highlights

  • 20,490 SF total space available with expansion potential.
  • Excellent location: less than 5 miles from I‑275 and SR‑129, and 7 miles to I‑75.
  • Zoned I for manufacturing and light assembly.

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 $196.7k $9.60
− Vacancy −$12.6k −$0.61
EGI $184.1k $8.99
− OpEx −$27.6k −$1.35
NOI $156.5k $7.64
20,490 SF · lease $9.60/SF/yr · vacancy 6.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,498 @ 7.0% cap · market cap 7.87%
Second Best
Industrial
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,880 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$4.05M
$3.54M – $4.73M (±1% cap)
NOI $283,590 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Electrical Service Garden Center

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

789
Businesses Nearby

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?
Manufacturing property - 20,490 SF industrial property with expansion potential.
Where is this manufacturing property located?
The property is located at 160 Donald Dr Fairfield, OH.
What is the asking price?
The asking price for this property is $1,987,500.
What are key features of this property?
This property features: 20,490 SF total space available with expansion potential.; Excellent location: less than 5 miles from I‑275 and SR‑129, and 7 miles to I‑75.; Zoned I for manufacturing and light assembly.
(513) 312-7468 Call to check price and availability
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