Warehouse with Detailing Products
3470 Belmont St, Bellaire, OH 43906
For Sale
$455,000
The sale includes an established automotive detailing operation, inventory, two trucks, a forklift, and other business equipment.
Property Size3,200 SF
Price / SF$142.19
Days on Market106
Property Features for 3470 Belmont St
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Drive-In Doors
Additional Details
Business Included
Currently Operating
Property Use
Building Details
Year Built
Listing Agency:
Harvey Goodman, REALTOR
Listed By:
George R Jackson II
(304) 280-1242
Source:
Mynexthomeonline
Added: Jul 26
Changed: Nov 7
Last Checked: Nov 7 at 6:41PM
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 Harvey Goodman, REALTOR
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Investment Insights
Based on property information with market context.
The 3,200-square-foot warehouse was built in 2001 and includes an office, restroom, industrial shelving and racking, and a 14-foot overhead door. A 960-square-foot concrete parking pad is positioned in front of the building.
The offering also includes an established automotive detailing products business, its inventory, two trucks, a forklift, equipment, and other business assets. Existing commercial customer relationships and supplier connections are part of the operation.
The offering also includes an established automotive detailing products business, its inventory, two trucks, a forklift, equipment, and other business assets. Existing commercial customer relationships and supplier connections are part of the operation.
Key Highlights
- 3,200‑square‑foot warehouse built in 2001
- 14‑foot overhead door, office, and restroom
- Industrial shelving and racking inside the facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,967
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,340
$319.3K
Cap Rate 7%
$228,100
$228.1K
Cap Rate 9%
$177,411
$177.4K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$20.5K $6.41/SF
− Vacancy
−$1.7K −$0.54/SF
EGI
$18.8K $5.87/SF
− OpEx
−$2.8K −$0.88/SF
NOI
$16.0K $4.99/SF
Area
Belmont County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,340
Cap Rate 7%
$228,100
Cap Rate 9%
$177,411
Alternative Uses
Best Use
Warehouse
$228.1K
$199.6K – $266.1K
NOI $15,967 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$627.3K
$548.9K – $731.9K
NOI $43,911 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43906, OH
7,952
Population
4,202
Households
1.9
Avg Household Size
45
Median Age
11%
College-Educated
89%
High-School Grad
32.2 sq mi
ZIP Area
247
Density / Sq Mi
$41,635
Median Household Income
$27,269
Median Earnings
$695
Median Rent
$106,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - The sale includes an established automotive detailing operation, inventory, two trucks, a forklift, and other business equipment.
Where is this warehouse located?
The property is located at 3470 Belmont St Bellaire, OH.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 3,200‑square‑foot warehouse built in 2001; 14‑foot overhead door, office, and restroom; Industrial shelving and racking inside the facility
