Zoned Truck Terminal with
1617 Warren Avenue, Niles, OH 44446
Two gravel-covered buildings include office space and a crane-equipped warehouse with multiple electric loading doors.
Type:Industrial
Property size:
11,200 SFLot size:
10.81 AcresPrice / SF:
$107/SF- Added:
- Apr 1, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 27 at 5:46 am
Property Features for 1617 Warren Avenue
General Information
- Standard status
- Active
- Size
- 11,200 SF
- Lot size
- 10.81 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1986
Listing office Altobelli Real Estate
Listing date Apr 1, 2026
Source Asacoxhomes
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 Altobelli Real Estate
HighLights
- Two buildings on 10.81 acres, zoned as a truck terminal, all under gravel for logistics, storage, and transportation use
- Office building (4,000 SF) built in 1986 with 6 offices, men's and women's restrooms, kitchenette, conference/lunch room, showroom, and storage
- Office updates include hot water heater (2024), newer roof, new glass block windows in showroom, new lighting and new flooring; one of three heat pumps replaced within 2 years
- Warehouse/shop (11,200 SF) built in 1996 with 22‑ft ceiling, overhead crane rated 15‑ton/30,000 lb, and five 14‑ft electric doors (two new) plus one manual door
- Warehouse features include two drive‑through bays with floor drains, 880 SF locked parts room, commercial air compressor, new LED lights, oil burner, and 480 3‑phase industrial power
- Parking and equipment/tractor‑trailer storage on‑site; city water and septic; property includes a portion of the lake and a pond
Overview
This for-sale truck terminal property features two large buildings on 10.81 acres, all under gravel and zoned for truck terminal use. The office building, built in 1986, offers 4,000 square feet with six separate offices, men’s and women’s restrooms, a kitchenette, a conference room/lunch room, additional storage, and a large showroom. Recent updates include a hot water heater (2024), newer roofing, new glass block windows in the showroom, new lighting, and new flooring, along with security system coverage for the office and warehouse. One of three electric heat pumps was replaced within the last two years.
The 11,200-square-foot warehouse/shop building was constructed in 1996 and is supported by a 22-foot ceiling and a 15-ton/30,000 lb overhead crane for loading and unloading. Loading includes five 14-foot electric doors (two newly installed) and one manual door, plus two drive-through bays with floor drains. A 480 3-phase industrial power system serves the site, and an oil burner is also available for heating. The property includes an 880-square-foot locked parts room in the rear, a commercial air compressor, and new LED lighting. City water and septic support the site, which also includes a portion of a lake and a pond.
For operators needing dedicated logistics and storage space, the combination of truck-terminal zoning, gravel-covered yard, abundant parking, and equipment/tractor-trailer storage area provides a functional setup. Tenant and buyer use can be centered on transportation, warehousing, or related industrial activities supported by the crane capacity, multiple loading doors, and drive-through bays.
The 11,200-square-foot warehouse/shop building was constructed in 1996 and is supported by a 22-foot ceiling and a 15-ton/30,000 lb overhead crane for loading and unloading. Loading includes five 14-foot electric doors (two newly installed) and one manual door, plus two drive-through bays with floor drains. A 480 3-phase industrial power system serves the site, and an oil burner is also available for heating. The property includes an 880-square-foot locked parts room in the rear, a commercial air compressor, and new LED lighting. City water and septic support the site, which also includes a portion of a lake and a pond.
For operators needing dedicated logistics and storage space, the combination of truck-terminal zoning, gravel-covered yard, abundant parking, and equipment/tractor-trailer storage area provides a functional setup. Tenant and buyer use can be centered on transportation, warehousing, or related industrial activities supported by the crane capacity, multiple loading doors, and drive-through bays.
Local Financial Insights For Office B
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 | $178.8k | $15.96 |
| − Vacancy | −$34.9k | −$3.11 |
| EGI | $143.9k | $12.85 |
| − OpEx | −$36.0k | −$3.21 |
| NOI | $107.9k | $9.64 |
11,200 SF · lease $15.96/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $107,922 @ 7.0% cap · market cap 8.99%
Second Best
Warehouse
$798.4K
$698.6K – $931.4K
NOI $55,885 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,808 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Higg Trucking & Repair
Trucking Company
Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.789821
- Latitude
- 41.195962
Nearby Similar for Sale
FAQs
What type of property is this?
Truck terminal - Two gravel-covered buildings include office space and a crane-equipped warehouse with multiple electric loading doors.
Where is this truck terminal located?
The property is located at 1617 Warren Avenue Niles, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two buildings on 10.81 acres, zoned as a truck terminal, all under gravel for logistics, storage, and transportation use; Office building (4,000 SF) built in 1986 with 6 offices, men's and women's restrooms, kitchenette, conference/lunch room, showroom, and storage; Office updates include hot water heater (2024), newer roof, new glass block windows in showroom, new lighting and new flooring; one of three heat pumps replaced within 2 years
