Warehouse with Yard and Alley
For Sale
$125,000
18 Sycamore St, Chauncey, OH 45719
Well-maintained commercial warehouse includes yard space and alley access in Chauncey, Ohio.
Property Size1,980 SF
Price / SF$63.13
Days on Market128
Property Features for 18 Sycamore St
General Information
Standard status
Active
Size
1,980 SF
Taxes and HOA fees
Annual Taxes
$753
Listing Agency:
e-Merge Real Estate
(614) 678-5505
Listed By:
Dan Abdella · License #0000441791
(740) 591-7797
Source:
Exprealty
Added: Jun 18
Changed: Oct 8
Last Checked: Oct 23 at 9:06AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$7,153
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,060
$143.1K
Cap Rate 7%
$102,186
$102.2K
Cap Rate 9%
$79,478
$79.5K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$10.0K $5.04/SF
− Vacancy
−$1.6K −$0.79/SF
EGI
$8.4K $4.25/SF
− OpEx
−$1.3K −$0.64/SF
NOI
$7.2K $3.61/SF
Area
Athens County, OH
Vacancy
15.67%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,060
Cap Rate 7%
$102,186
Cap Rate 9%
$79,478
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45719, OH
964
Population
430
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
1,377
Density / Sq Mi
$36,356
Median Household Income
$29,779
Median Earnings
$743
Median Rent
$74,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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
