Industrial Warehouse with Loading
For Sale
$2,900,000
201 American Way, Monroe, OH 45050
The facility includes high ceilings, a large entryway, and loading docks.
Property Size19,390 SF
Price / SF$149.56
Days on Market51
Property Features for 201 American Way
General Information
Standard status
Active
Size
19,390 SF
Additional Details
Warehouse Space
25,000 SF
Building Details
Year Built
1989
Listing Agency:
eXp Realty
Listed By:
Monika Deroussel · License #BRKA.2019000471
(866) 212-4991
Source:
Finn-team
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 7 at 5:45PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This industrial warehouse facility is configured for storage, inventory, equipment, and machinery. Physical features include high ceilings, a large entryway, and loading docks designed for straightforward loading access. The property was built in 1989 and is located at 201 American Way in Monroe, Ohio. Its warehouse format provides space for a range of industrial storage and operating needs.
Key Highlights
- Industrial warehouse facility at 201 American Way, Monroe, OH 45050
- High‑ceiling warehouse configuration
- Large entryway for facility access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,096
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,961,920
$3.0M
Cap Rate 7%
$2,115,657
$2.1M
Cap Rate 9%
$1,645,511
$1.6M
Market Conditions
NOI Build-Up for 19,390 SF
Gross rent
$186.1K $9.60/SF
− Vacancy
−$11.9K −$0.61/SF
EGI
$174.2K $8.99/SF
− OpEx
−$26.1K −$1.35/SF
NOI
$148.1K $7.64/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,961,920
Cap Rate 7%
$2,115,657
Cap Rate 9%
$1,645,511
Alternative Uses
Best Use
Warehouse
$2.12M
$1.85M – $2.47M
NOI $148,096 @ 7.0% cap · market cap 5.11%
Second Best
Industrial
$1.74M
$1.52M – $2.03M
NOI $121,962 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$3.83M
$3.35M – $4.47M
NOI $268,366 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45050, OH
12,173
Population
4,395
Households
2.8
Avg Household Size
38
Median Age
42%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
1,449
Density / Sq Mi
$104,519
Median Household Income
$53,785
Median Earnings
$1,519
Median Rent
$273,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - The facility includes high ceilings, a large entryway, and loading docks.
Where is this warehouse located?
The property is located at 201 American Way Monroe, OH.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Industrial warehouse facility at 201 American Way, Monroe, OH 45050; High‑ceiling warehouse configuration; Large entryway for facility access
