Industrial Warehouse with Truck
New
For Sale
$895,000
3571 Brightwood Road SE, Midvale, OH 44653
CommercialSale, Midvale, OH
Property Size18,040 SF
Lot Size2.98 Acres
Price / SF$49.61
Days on Market4
Property Features for 3571 Brightwood Road SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Sencer
Elementary school district
Indian Valley LSD - 7904
Middle school district
Indian Valley LSD - 7904
High school district
Indian Valley LSD - 7904
Directions
Take the Midvale / SR-250 exit (Exit 81). Turn onto Brightwood Rd SE and continue to the property.
Standard status
Active
APN
2700329000
Lot size
2.98 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1 7 1 TR 15 14 1.07A 1.911A
Tax Annual Amount
5427
Legal Description
1 7 1 TR 15 14 1.07A 1.911A
Utilities
Sewer type
Public Sewer, Septic Tank
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
lobby
conference rooms
employee break areas
Building Details
Year built
1964
Listing Agency:
Kaufman Realty & Auction, LLC.
(330) 602-4111
Listed By:
Kristen D Boltz · License #2017005231
(330) 364-7736
Added: Aug 19
Changed: Aug 21
Last Checked: Aug 22 at 9:06PM
MLS# 5237986
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 18,040+/- square-foot industrial facility combines approximately 12,000 square feet of warehouse space with integrated office and support areas, plus a 4,000 square-foot addition. The main warehouse offers approximately 18' clear height, three 14' drive-in overhead doors, and three-phase electric service. An enclosed dock-height loading area includes two exterior 9' overhead dock doors and truck wells. Interior improvements include a lobby, six private offices or conference rooms, break areas, utility rooms, four restrooms, and mezzanine office space with a corner office overlooking the warehouse floor.
The 2.98+/- acre site supports drive-through truck circulation, paved operating areas, on-site parking, usable yard space, and dual frontage along Brightwood Road and Pearl Street. Nearby access includes State Route 250, State Route 800, and I-77. An existing lease provides current income, while additional space is available for lease or owner-user occupancy. The property is offered in its present as-is condition. Public water service is available, with sewer service identified as both public sewer and septic tank.
The 2.98+/- acre site supports drive-through truck circulation, paved operating areas, on-site parking, usable yard space, and dual frontage along Brightwood Road and Pearl Street. Nearby access includes State Route 250, State Route 800, and I-77. An existing lease provides current income, while additional space is available for lease or owner-user occupancy. The property is offered in its present as-is condition. Public water service is available, with sewer service identified as both public sewer and septic tank.
Key Highlights
- 18,040+/- square feet of gross building area on a 2.98+/- acre site
- Approximately 12,000 square feet of warehouse space plus a 4,000 square‑foot addition
- Approximately 18' clear height with three 14' drive‑in overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,874
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,437,480
$1.4M
Cap Rate 7%
$1,026,771
$1.0M
Cap Rate 9%
$798,600
$798.6K
Market Conditions
NOI Build-Up for 18,040 SF
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.
Gross rent
$90.9K $5.04/SF
− Vacancy
−$6.4K −$0.35/SF
EGI
$84.6K $4.69/SF
− OpEx
−$12.7K −$0.70/SF
NOI
$71.9K $3.98/SF
Area
Tuscarawas County, OH
Vacancy
7.00%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,437,480
Cap Rate 7%
$1,026,771
Cap Rate 9%
$798,600
Alternative Uses
Best Use
Office B
$2.47M
$2.16M – $2.88M
NOI $172,751 @ 7.0% cap · market cap 19.30%
Second Best
Flex RnD
$1.57M
$1.37M – $1.83M
NOI $109,784 @ 7.0% cap · market cap 12.27%
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,322 @ 7.0% cap · market cap 26.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
2
Dock-high doors
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44653, OH
632
Population
345
Households
1.8
Avg Household Size
38
Median Age
6%
College-Educated
89%
High-School Grad
0.6 sq mi
ZIP Area
1,053
Density / Sq Mi
$66,250
Median Household Income
$40,132
Median Earnings
$855
Median Rent
$97,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Versatile facility combines warehouse, office, loading, and outdoor operational areas within an established industrial setting.
Where is this warehouse located?
The property is located at 3571 Brightwood Road SE Midvale, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 18,040+/- square feet of gross building area on a 2.98+/- acre site; Approximately 12,000 square feet of warehouse space plus a 4,000 square‑foot addition; Approximately 18' clear height with three 14' drive‑in overhead doors
