Mixed-Use Property with Service
New
For Sale
$1,500,000
3300 Jim Granger Drive, Zanesville, OH 43701
A service garage and outdoor yard accommodate vehicle repair, parking, and equipment storage.
Property Size7,876 SF
Lot Size16.97 Acres
Price / SF$190.45
Days on Market6
Property Features for 3300 Jim Granger Drive
General Information
Standard status
Active
Size
7,876 SF
Lot size
16.97 Acres
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
7,300 SF
Office Build-Out
576 SF
Drive-In Doors
6
Taxes and HOA fees
Annual Taxes
$9,560
Amenities
6 overhead drive-in doors
Building Details
Building Size
7,876 SF
Year Built
2015
Year Renovated
2023
Buildings
1
Listing Agency:
e-Merge Real Estate Crossroads
Listed By:
Cindy K Vannicelli · License #2003019707
(740) 497-1860
Source:
Camtaylor
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 2:03PM
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 Crossroads
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Investment Insights
Based on property information with market context.
This 7,876-square-foot mixed-use property includes 7,300 square feet of garage area and 576 square feet of office space. The building was constructed in 2015, with additions completed in 2023, and has six overhead drive-in doors. Truck, trailer, and equipment repair and parking are conducted on site.
The property encompasses 16.97 acres in an established industrial area of Zanesville, with frontage and access from Jim Granger Drive. It is 3.5 miles from the I-70/93 N interchange. Approximately 3 acres are used for parking, while an estimated 8–12 acres provide outdoor storage and laydown yard space. The site also has gravel and stone yard areas.
The property encompasses 16.97 acres in an established industrial area of Zanesville, with frontage and access from Jim Granger Drive. It is 3.5 miles from the I-70/93 N interchange. Approximately 3 acres are used for parking, while an estimated 8–12 acres provide outdoor storage and laydown yard space. The site also has gravel and stone yard areas.
Key Highlights
- 16.97 acres in an established industrial area of Zanesville
- 7,300 square feet of garage space and 576 square feet of office space
- Six overhead drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,972
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,559,440
$1.6M
Cap Rate 7%
$1,113,886
$1.1M
Cap Rate 9%
$866,356
$866.4K
Market Conditions
NOI Build-Up for 7,876 SF
Gross rent
$141.8K $18.00/SF
− Vacancy
−$17.0K −$2.16/SF
EGI
$124.8K $15.84/SF
− OpEx
−$46.8K −$5.94/SF
NOI
$78.0K $9.90/SF
Area
Muskingum County, OH
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,559,440
Cap Rate 7%
$1,113,886
Cap Rate 9%
$866,356
Alternative Uses
Best Use
Mixed Use
$1.11M
$974.7K – $1.30M
NOI $77,972 @ 7.0% cap · market cap 5.20%
Second Best
Warehouse
$845.0K
$739.4K – $985.8K
NOI $59,149 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.71M
$1.50M – $1.99M
NOI $119,660 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
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?
Mixed-use property - A service garage and outdoor yard accommodate vehicle repair, parking, and equipment storage.
Where is this mixed-use property located?
The property is located at 3300 Jim Granger Drive Zanesville, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 16.97 acres in an established industrial area of Zanesville; 7,300 square feet of garage space and 576 square feet of office space; Six overhead drive‑in doors
