Fenced Flex Space with
New
For Sale
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3700 Boettler Oaks Dr, Uniontown, OH 44685
Climate-controlled office space complements secure warehouse functionality.
Property Size11,972 SF
Lot Size3.48 Acres
Price / SF$78.93
Days on Market6
Property Features for 3700 Boettler Oaks Dr
General Information
Standard status
Active
Size
11,972 SF
Lot size
3.48 Acres
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Building Details
Building Size
11,972 SF
Tenancy
Single
Listing Agency:
CBRE | Akron
(330) 670-4444
Listed By:
Steve Lazarides
(216) 687-1800
Source:
Moodyscre
Added: Aug 17
Changed: Aug 20
Last Checked: Aug 21 at 5:22AM
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 CBRE | Akron
Investment Insights
Based on property information with market context.
This 11,972-square-foot flex property combines warehouse space with modern, climate-controlled offices. The improvements sit on 3.48 acres and include full perimeter fencing and an electric gate for controlled access. The configuration supports a range of light industrial, distribution, and service-oriented operations.
Built by AT&T, the property is currently occupied by Summit Mission International. Its combination of functional warehouse utility, finished office areas, and secured site access provides a practical setting for commercial operations.
Built by AT&T, the property is currently occupied by Summit Mission International. Its combination of functional warehouse utility, finished office areas, and secured site access provides a practical setting for commercial operations.
Key Highlights
- 11,972 SF flex property on 3.48 acres
- Warehouse space paired with modern, climate‑controlled offices
- Fully fenced site with an electric gate
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
$49,116
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
5.20%
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%
$982,320
$982.3K
Cap Rate 7%
$701,657
$701.7K
Cap Rate 9%
$545,733
$545.7K
Market Conditions
NOI Build-Up for 11,972 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
$58.8K $4.91/SF
− Vacancy
−$999 −$0.08/SF
EGI
$57.8K $4.83/SF
− OpEx
−$8.7K −$0.72/SF
NOI
$49.1K $4.10/SF
Area
Stark County, OH
Vacancy
1.70%
Lease Rate
$4.91 /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%
$982,320
Cap Rate 7%
$701,657
Cap Rate 9%
$545,733
Alternative Uses
Best Use
Office B
$2.07M
$1.81M – $2.41M
NOI $144,652 @ 7.0% cap · market cap 15.31%
Second Best
Warehouse
$701.7K
$614.0K – $818.6K
NOI $49,116 @ 7.0% cap · market cap 5.20%
Theoretical Best
Retail
$3.13M
$2.74M – $3.65M
NOI $218,804 @ 7.0% cap · market cap 23.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44685, OH
29,008
Population
11,422
Households
2.5
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
1,133
Density / Sq Mi
$100,094
Median Household Income
$56,884
Median Earnings
$1,346
Median Rent
$259,900
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?
Flex space - Climate-controlled office space complements secure warehouse functionality.
Where is this flex space located?
The property is located at 3700 Boettler Oaks Dr Uniontown, OH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 11,972 SF flex property on 3.48 acres; Warehouse space paired with modern, climate‑controlled offices; Fully fenced site with an electric gate
