Industrial Flex Property with
For Sale
$700,000
39140 National Rd, Bethesda, OH 43719
Property includes a 5,000 sq ft shop with 3-phase electric and a 2,700+ sq ft office on nearly five acres.
Property Size7,700 SF
Lot Size5.00 Acres
Price / SF$90.91
Days on Market161
Property Features for 39140 National Rd
General Information
Standard status
Active
Size
7,700 SF
Lot size
5.00 Acres
Additional Details
Business Included
Yes
Highway Access
Yes
Heavy Power
Yes
Building Details
Year Built
1891
Listing Agency:
Harvey Goodman, REALTOR
Listed By:
Samantha K Welch
(740) 238-1838
Source:
Theacclaimedrealty
Added: May 15
Changed: Oct 2
Last Checked: Oct 20 at 9:33PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial flex property features a 5,000 sq ft shop building designed for working on equipment, with a bathroom and 3-phase electric. An additional 2,700+ sq ft home on site is currently utilized as an office, providing flexibility for continued commercial use, conversion back to a residence, or employee housing.
The property is located near Interstate 70 with easy access for regional and local operations. It sits on nearly five acres and includes two separate parking areas that can support outdoor storage, laydown space, or expanded operational needs. Exterior electric is available, including service described as suitable for heating trucks in winter months.
For-sale as a single site, the offering also notes that the equipment and the current operating business may be negotiable as part of the sale.
The property is located near Interstate 70 with easy access for regional and local operations. It sits on nearly five acres and includes two separate parking areas that can support outdoor storage, laydown space, or expanded operational needs. Exterior electric is available, including service described as suitable for heating trucks in winter months.
For-sale as a single site, the offering also notes that the equipment and the current operating business may be negotiable as part of the sale.
Key Highlights
- Nearly 5 acres with two separate parking areas that can serve as laydown yards or additional operational storage.
- 5,000 sq ft shop building includes a bathroom and 3‑phase electric for equipment service and repair uses.
- 2,700+ sq ft home currently used as an office, with flexibility to remain office use or convert back to residential or employee housing.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,641
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,820
$632.8K
Cap Rate 7%
$452,014
$452.0K
Cap Rate 9%
$351,567
$351.6K
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$49.4K $6.41/SF
− Vacancy
−$4.2K −$0.54/SF
EGI
$45.2K $5.87/SF
− OpEx
−$13.6K −$1.76/SF
NOI
$31.6K $4.11/SF
Area
Belmont County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,820
Cap Rate 7%
$452,014
Cap Rate 9%
$351,567
Alternative Uses
Best Use
Office B
$1.05M
$921.7K – $1.23M
NOI $73,735 @ 7.0% cap · market cap 10.53%
Second Best
Industrial
$452.0K
$395.5K – $527.4K
NOI $31,641 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.76M
NOI $105,662 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43719, OH
2,319
Population
1,179
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
93%
High-School Grad
33.5 sq mi
ZIP Area
69
Density / Sq Mi
$49,700
Median Household Income
$37,216
Median Earnings
$748
Median Rent
$183,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Property includes a 5,000 sq ft shop with 3-phase electric and a 2,700+ sq ft office on nearly five acres.
Where is this flex space located?
The property is located at 39140 National Rd Bethesda, OH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Nearly 5 acres with two separate parking areas that can serve as laydown yards or additional operational storage.; 5,000 sq ft shop building includes a bathroom and 3‑phase electric for equipment service and repair uses.; 2,700+ sq ft home currently used as an office, with flexibility to remain office use or convert back to residential or employee housing.
