Two-Story Industrial Flex
For Sale
$225,000
168 Auble Street, Wadsworth, OH 44281
Newly built industrial space with a drive-in door and I-2 zoning for versatile warehousing and contractor uses.
Property Size2,520 SF
Price / SF$89.29
Days on Market504
Property Features for 168 Auble Street
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Industrial
Zoning
I-2 Heavy Industrial District
Additional Details
Drive-In Doors
1
Building Details
Building Size
2,520 SF
Stories
2
Listing Agency:
Hoff & Leigh
(330) 940-9360
Listed By:
Ed Jesson · License #SAL.0000445027
(330) 760-4494
Source:
Hoffleigh
Added: Jun 17, 2025
Changed: Oct 26
Last Checked: Nov 1 at 2:12AM
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 Hoff & Leigh
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Investment Insights
Based on property information with market context.
This newly built two-story industrial/flex building is available for sale and offers functional space across two levels. The main floor is designed to support light industrial or storage needs, and the second floor can be built out to fit an operator’s requirements. The building includes one 12’ x 12’ drive-in door for practical loading and access, along with parking along the side of the building.
The property is located near the center of Wadsworth, providing a convenient setting for users seeking an established area rather than an out-of-the-way parcel. Its I-2 zoning supports a range of industrial-oriented uses, including automotive, warehousing, contractor space, and storage.
With its combination of a drive-in door, two-story layout, and zoning flexibility, this building can serve as a workable option for businesses needing both operational space and additional upper-level area for customized build-out. The design supports tenants and owners who want an industrial facility that can be tailored to their day-to-day needs.
The property is located near the center of Wadsworth, providing a convenient setting for users seeking an established area rather than an out-of-the-way parcel. Its I-2 zoning supports a range of industrial-oriented uses, including automotive, warehousing, contractor space, and storage.
With its combination of a drive-in door, two-story layout, and zoning flexibility, this building can serve as a workable option for businesses needing both operational space and additional upper-level area for customized build-out. The design supports tenants and owners who want an industrial facility that can be tailored to their day-to-day needs.
Key Highlights
- Newly built two‑story industrial building with approx. 1,800 SF on the main floor and approx. 720 SF on the second floor (build‑out ready).
- Includes one 12’ x 12’ drive‑in door for convenient loading and access.
- I‑2 zoning allows for a wide range of uses, including automotive, warehousing, contractor space, and storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,406
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,120
$228.1K
Cap Rate 7%
$162,943
$162.9K
Cap Rate 9%
$126,733
$126.7K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$14.0K $5.57/SF
− Vacancy
−$618 −$0.25/SF
EGI
$13.4K $5.32/SF
− OpEx
−$2.0K −$0.80/SF
NOI
$11.4K $4.53/SF
Area
Medina County, OH
Vacancy
4.40%
Lease Rate
$5.57 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,120
Cap Rate 7%
$162,943
Cap Rate 9%
$126,733
Alternative Uses
Best Use
Warehouse
$162.9K
$142.6K – $190.1K
NOI $11,406 @ 7.0% cap · market cap 5.07%
Second Best
Flex RnD
$148.0K
$129.5K – $172.6K
NOI $10,357 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$702.9K
$615.0K – $820.1K
NOI $49,203 @ 7.0% cap · market cap 21.87%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44281, OH
33,241
Population
14,298
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
47.8 sq mi
ZIP Area
695
Density / Sq Mi
$88,128
Median Household Income
$46,653
Median Earnings
$1,031
Median Rent
$262,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Newly built industrial space with a drive-in door and I-2 zoning for versatile warehousing and contractor uses.
Where is this flex space located?
The property is located at 168 Auble Street Wadsworth, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Newly built two‑story industrial building with approx. 1,800 SF on the main floor and approx. 720 SF on the second floor (build‑out ready).; Includes one 12’ x 12’ drive‑in door for convenient loading and access.; I‑2 zoning allows for a wide range of uses, including automotive, warehousing, contractor space, and storage.
