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    Two-Story Industrial Flex Building Title is generated by Realmo AI

    168 Auble Street, Wadsworth, OH 44281

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    For Sale
    $225,000

    Newly built industrial space with a drive-in door and I-2 zoning for versatile warehousing and contractor uses.

    Type:Industrial
    Property size:
    2,520 SF
    Price / SF:
    $89/SF
    Added:
    Jun 17, 2025
    Days on Market:
    366
    Last Refresh:
    Jun 16 at 2:54 am

    Property Features for 168 Auble Street

    General Information

    Standard status
    Active
    Size
    2,520 SF
    Property subtype
    Industrial

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    Listing Contact
    Ed Jesson
    Ed Jesson

    Listing agent Ed Jesson License #SAL.0000445027

    Listing office Hoff & Leigh

    Listing date Jun 17, 2025

    Source Hoffleigh

    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

    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.
    • On‑site parking along the side of the building.
    • Located near the center of Wadsworth.

    Overview

    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.

    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 $14.0k $5.57
    − Vacancy −$618 −$0.25
    EGI $13.4k $5.32
    − OpEx −$2.0k −$0.80
    NOI $11.4k $4.53
    2,520 SF · lease $5.57/SF/yr · vacancy 4.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $162.9K
    $142.6K – $190.1K (±1% cap)
    NOI $11,406 @ 7.0% cap · market cap 5.07%
    Second Best
    Flex RnD
    $148.0K
    $129.5K – $172.6K (±1% cap)
    NOI $10,357 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Specialty Retail
    $702.9K
    $615.0K – $820.1K (±1% cap)
    NOI $49,203 @ 7.0% cap · market cap 21.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.7221565
    Latitude
    41.0238936

    FAQs

    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.
    More about this property
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