Flex Building with Drive-In
339 Tallmadge Rd Kent, OH 44240
339 Tallmadge Rd, Kent, OH, 44240
Contact for pricing
For Sale
Contact for pricing
Flex building offers radiant tube heating, 12' drive-in door, and multiple office areas alongside warehouse storage or parts space.
Property Size5,938 SF
Price / SF$164.20
Days on Market135
Property Features for 339 Tallmadge Rd
General Information
- Standard status
- Active
- Size
- 5,938 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1986
Listing agency
Hoff & Leigh Fairlawn
(330) 940-9360
Listed by
Jeff Davis · License #OH 2001007317
Source
Crexi
Added: Mar 9 Updated: Jul 21 at 12:47PM Checked: Jul 21 at 12:47PM
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 Hoff & Leigh Fairlawn
Investment Insights
Based on property information with market context.
This 5,938-square-foot flex building is set on 10.9 acres and includes a warehouse portion of just under 3,800 square feet. The space is equipped with radiant tube heating and a 12' drive-in door. Separate areas within the warehouse can support storage or parts use. The building also features multiple offices, a conference room area, and two restrooms, including one with a shower.
The property is located in Brimfield Township and sits directly next to the new Menards and Meijer Shopping Plaza. Zoning is described as light industrial through the JEDD between Tallmadge and Brimfield.
The combination of warehouse functionality and office/conference space makes this property well suited for a variety of light industrial and operational setups within the existing layout.
The property is located in Brimfield Township and sits directly next to the new Menards and Meijer Shopping Plaza. Zoning is described as light industrial through the JEDD between Tallmadge and Brimfield.
The combination of warehouse functionality and office/conference space makes this property well suited for a variety of light industrial and operational setups within the existing layout.
Key Highlights
- 5,938 SF flex building on 10.9 acres in Brimfield Township, available for sale or lease
- Zoned light industrial through the JEDD between Tallmadge and Brimfield
- Just under 3,800 SF warehouse space with radiant tube heating
Local Financial Insights For Office B
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 | $127.5k | $21.48 |
| − Vacancy | −$30.5k | −$5.13 |
| EGI | $97.1k | $16.35 |
| − OpEx | −$24.3k | −$4.09 |
| NOI | $72.8k | $12.26 |
5,938 SF · lease $21.48/SF/yr · vacancy 23.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.04M
$910.0K – $1.21M
NOI $72,798 @ 7.0% cap · market cap 7.47%
Second Best
Warehouse
$404.9K
$354.3K – $472.4K
NOI $28,342 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,725 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Henna Page
Warehouse & Storage
Tap Dancing Lizard
Research Foundation
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FAQs
What type of property is this?
Flex space - Flex building offers radiant tube heating, 12' drive-in door, and multiple office areas alongside warehouse storage or parts space.
Where is this flex space located?
The property is located at 339 Tallmadge Rd Kent, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 5,938 SF flex building on 10.9 acres in Brimfield Township, available for sale or lease; Zoned light industrial through the JEDD between Tallmadge and Brimfield; Just under 3,800 SF warehouse space with radiant tube heating
