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    Ashland Warehouse and Office Space

    2395 Rock Rd Ashland, OH

    2395 Rock Rd, Ashland, OH, 00000
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    For Sale
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    29,300 SF warehouse with office and breakroom space.

    Property Size29,300 SF
    Lot Size8.56 Acres
    Price / SF$88.74
    AddedSep 16, 2025
    Days on Market304
    Last RefreshJul 15 at 9:18 pm

    Property Features for 2395 Rock Rd

    General Information

    Standard status
    Active
    Size
    29,300 SF
    Lot size
    8.56 Acres
    Property subtype
    INDUSTRIAL

    Listing office Donald K. Gant Realty

    Listing date Sep 16, 2025

    Source Moodyscre

    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 Donald K. Gant Realty

    Investment Insights

    Based on property information with market context.

    This property features two buildings. Building A offers approximately 25,300 square feet, including an office and breakroom area of about 8,000 square feet, and a warehouse area of approximately 17,300 square feet. It also includes six restrooms, private offices, and conference rooms. Building B provides approximately 4,000 square feet with dimensions of about 50 feet by 80 feet and is equipped with two drive-in doors, each measuring approximately 12 feet by 14 feet.

    Key Highlights

    • Large Warehouse Area: ± 17,300 SF provides substantial storage or operational space.
    • Significant Office/Breakroom Area: ± 8,000 SF supports administrative and staff needs.
    • Two Buildings: Building A (± 25,300 SF) and Building B (± 4,000 SF) offer versatile usage options.

    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 $187.8k $6.41
    − Vacancy −$15.8k −$0.54
    EGI $172.0k $5.87
    − OpEx −$25.8k −$0.88
    NOI $146.2k $4.99
    29,300 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.09M
    $1.83M – $2.44M (±1% cap)
    NOI $146,199 @ 7.0% cap · market cap 5.62%
    Second Best
    Industrial
    $1.72M
    $1.50M – $2.01M (±1% cap)
    NOI $120,399 @ 7.0% cap · market cap 4.63%
    Theoretical Best
    Office A
    $5.53M
    $4.84M – $6.45M (±1% cap)
    NOI $387,041 @ 7.0% cap · market cap 14.89%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    (Bike/Boat/Book/etc) Store Electrical Service Hair Salon Nail Salon Grocery & Convenience Store Storage Facility Daycare Center Gym & Fitness Center Food Market Building Supply

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

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    FAQs

    What type of property is this?
    Warehouse - 29,300 SF warehouse with office and breakroom space.
    Where is this warehouse located?
    The property is located at 2395 Rock Rd Ashland, OH.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Large Warehouse Area: ± 17,300 SF provides substantial storage or operational space.; Significant Office/Breakroom Area: ± 8,000 SF supports administrative and staff needs.; Two Buildings: Building A (± 25,300 SF) and Building B (± 4,000 SF) offer versatile usage options.
    Contact an agent
    (330) 264-4242 Call to check price and availability
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    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jack Gant
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