Warehouse with Yard and Alley
18 Sycamore St Chauncey, OH 45719
For Sale
$125,000
Well-maintained commercial warehouse includes yard space and alley access in Chauncey, Ohio.
Property Size1,980 SF
Price / SF$63.13
Days on Market37
Property Features for 18 Sycamore St
General Information
- Standard status
- Active
- Size
- 1,980 SF
Listing Agency:
e-Merge Real Estate
(740) 591-7797
Listed By:
Dan Abdella · License #0000441791
(740) 591-7797
Source:
Exprealty
Added: Jun 18
Changed: Jul 22
Last Checked: Jul 23 at 7:02PM
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 e-Merge Real Estate
Investment Insights
Based on property information with market context.
18 Sycamore St. is a flexible, well-maintained commercial building with warehouse functionality and additional yard space. The property also provides alley access, supporting practical loading and site operations for a range of businesses.
Located in Chauncey, Ohio, the property sits in an area described as experiencing ongoing revitalization, including new businesses and improved pedestrian amenities such as sidewalks and a new bike path extension. The public remarks also note walking and biking distance to the Bailey Mountain Bike system.
This offering presents an adaptable warehouse and yard configuration, with buyers advised to verify permitted uses and business options with the Village of Chauncey.
Located in Chauncey, Ohio, the property sits in an area described as experiencing ongoing revitalization, including new businesses and improved pedestrian amenities such as sidewalks and a new bike path extension. The public remarks also note walking and biking distance to the Bailey Mountain Bike system.
This offering presents an adaptable warehouse and yard configuration, with buyers advised to verify permitted uses and business options with the Village of Chauncey.
Key Highlights
- Well‑maintained commercial warehouse in Chauncey, Ohio
- Includes yard space and alley access
- Permitted uses and business options to be verified with the Village of Chauncey
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 | $10.0k | $5.04 |
| − Vacancy | −$1.6k | −$0.79 |
| EGI | $8.4k | $4.25 |
| − OpEx | −$1.3k | −$0.64 |
| NOI | $7.2k | $3.61 |
1,980 SF · lease $5.04/SF/yr · vacancy 15.67% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$102.2K
$89.4K – $119.2K
NOI $7,153 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.2K
$395.7K – $527.6K
NOI $31,654 @ 7.0% cap · market cap 25.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
FAQs
What type of property is this?
Warehouse - Well-maintained commercial warehouse includes yard space and alley access in Chauncey, Ohio.
Where is this warehouse located?
The property is located at 18 Sycamore St Chauncey, OH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Well‑maintained commercial warehouse in Chauncey, Ohio; Includes yard space and alley access; Permitted uses and business options to be verified with the Village of Chauncey
