Industrial Flex Property with
39140 National Rd Bethesda, OH 43719
39140 National Rd, Bethesda, OH, 43719
$700,000
For Sale
$700,000
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 Market125
Property Features for 39140 National Rd
General Information
- Standard status
- Active
- Size
- 7,700 SF
- Lot size
- 5.00 Acres
Listing agency
Harvey Goodman, REALTOR
(740) 238-1838
Listed by
Samantha K Welch
(740) 238-1838
Source
Exprealty
Added: Mar 19 Updated: Jul 20 at 7:19PM Checked: Jul 20 at 7:19PM
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
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.
Local Financial Insights For Industrial
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 | $49.4k | $6.41 |
| − Vacancy | −$4.2k | −$0.54 |
| EGI | $45.2k | $5.87 |
| − OpEx | −$13.6k | −$1.76 |
| NOI | $31.6k | $4.11 |
7,700 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
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.
