Self Storage Facility with
16410 BAYARD RD Minerva, OH 44657
16410 BAYARD RD, Minerva, OH, 44657
Contact for pricing
For Sale
Contact for pricing
For-sale self storage property totaling 4,500 SF, offered with accompanying land at 16410 Bayard Rd.
Property Size4,500 SF
Lot Size2.82 Acres
Price / SF$97.78
Days on Market104
Property Features for 16410 BAYARD RD
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 2.82 Acres
- Property subtype
- Self Storage
Building Details
- Year Built
- 2002
Listing agency
Kiko
(330) 453-9187
Listed by
Richard T. Kiko Jr · License #OH
Source
Crexi
Added: Apr 9 Updated: Jul 21 at 7:38AM Checked: Jul 21 at 7:38AM
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 Kiko
Investment Insights
Based on property information with market context.
Located at 16410 Bayard Rd in Minerva, OH, this for-sale self storage property is comprised of land and a storage facility totaling 4,500 SF.
The offering is structured for buyers seeking a self storage asset with both the building and the land included in the transaction. Public remarks reflect a property size of 4,500 SF and identify the asset as land and self storage.
The offering is structured for buyers seeking a self storage asset with both the building and the land included in the transaction. Public remarks reflect a property size of 4,500 SF and identify the asset as land and self storage.
Key Highlights
- Self‑storage property for sale with 4,500 SF total area
- Includes accompanying land at 16410 Bayard Rd
- Built in 2002
Local 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 | $22.1k | $4.91 |
| − Vacancy | −$376 | −$0.08 |
| EGI | $21.7k | $4.83 |
| − OpEx | −$3.3k | −$0.72 |
| NOI | $18.5k | $4.10 |
4,500 SF · lease $4.91/SF/yr · vacancy 1.70% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$639.9K
$559.9K – $746.6K
NOI $44,793 @ 7.0% cap · market cap 10.18%
Second Best
Warehouse
$263.7K
$230.8K – $307.7K
NOI $18,461 @ 7.0% cap · market cap 4.20%
Theoretical Best
Retail
$1.17M
$1.03M – $1.37M
NOI $82,243 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - For-sale self storage property totaling 4,500 SF, offered with accompanying land at 16410 Bayard Rd.
Where is this self storage facility located?
The property is located at 16410 BAYARD RD Minerva, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Self‑storage property for sale with 4,500 SF total area; Includes accompanying land at 16410 Bayard Rd; Built in 2002
