Divisible Warehouse with Heavy
For Sale
Contact for pricing
4250 Corduroy Rd, Oregon, OH 43616
Large-format industrial space offers build-to-suit office, heating, and sprinkler options.
Property Size100,000 SF
Lot Size10.00 Acres
Price / SF$0.00
Days on Market92
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Property Features for 4250 Corduroy Rd
General Information
Standard status
Active
Size
100,000 SF
Class
Unclassified
Lot size
10.00 Acres
Property subtype
industrial
Warehouse & Industrial
Clear Height
32 ft
Dock-High Doors
2
Drive-In Doors
1
Column Spacing
62 x 25 ft
Power
2,000 amps
Heavy Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Building Size
100,000 SF
Construction
Metal frame
Properties For Sale
at 4250 Corduroy Rd
Available Space
Immediate
Floor
1st
Size
100,000 SF
Type
Industrial
Term
Negotiable
Listing Agency:
Columbus
(216) 861-7171
Listed By:
Joe Davis · License #SAL.2019005168
(614) 460-4425
Source:
Property.jll
Added: Jul 16
Changed: Oct 1
Last Checked: Oct 14 at 7:53PM
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 Columbus
Investment Insights
Based on property information with market context.
This warehouse property at 4250 Corduroy Road provides 100,000 square feet of divisible space across a 10-acre site. The metal-frame building measures 250 feet by 400 feet and includes 32-foot clear height, a 62-foot by 400-foot bay, 62-foot by 25-foot column spacing, LED lighting, and a 6-inch concrete slab. Heavy electrical capacity totals 2,000 amps. Office space, warehouse heating, sprinklers, truck court, and parking are available for build-to-suit development.
The facility includes two dock doors and one drive-in door, with each configuration expandable. Municipal water serves the property, with electric service from FirstEnergy and gas from Columbia Gas. The building’s metal roof and warehouse layout support a range of industrial occupancy configurations.
The facility includes two dock doors and one drive-in door, with each configuration expandable. Municipal water serves the property, with electric service from FirstEnergy and gas from Columbia Gas. The building’s metal roof and warehouse layout support a range of industrial occupancy configurations.
Key Highlights
- 100,000 SF available on 10 acres; space is divisible
- 32’ clear height with a 62’ x 400’ bay
- 2,000 amps of heavy electrical power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$646,094
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,921,880
$12.9M
Cap Rate 7%
$9,229,914
$9.2M
Cap Rate 9%
$7,178,822
$7.2M
Market Conditions
NOI Build-Up for 100,000 SF
Gross rent
$780.0K $7.80/SF
− Vacancy
−$19.9K −$0.20/SF
EGI
$760.1K $7.60/SF
− OpEx
−$114.0K −$1.14/SF
NOI
$646.1K $6.46/SF
Area
Lucas County, OH
Vacancy
2.55%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,921,880
Cap Rate 7%
$9,229,914
Cap Rate 9%
$7,178,822
Alternative Uses
Best Use
Warehouse
$9.23M
$8.08M – $10.77M
NOI $646,094 @ 7.0% cap · market cap 9,571,762.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$18.30M
$16.01M – $21.35M
NOI $1,281,150 @ 7.0% cap · market cap 18,980,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
32 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43616, OH
20,480
Population
8,901
Households
2.3
Avg Household Size
45
Median Age
24%
College-Educated
94%
High-School Grad
38.4 sq mi
ZIP Area
533
Density / Sq Mi
$82,105
Median Household Income
$42,696
Median Earnings
$876
Median Rent
$190,500
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 - Large-format industrial space offers build-to-suit office, heating, and sprinkler options.
Where is this warehouse located?
The property is located at 4250 Corduroy Rd Oregon, OH.
What are key features of this property?
This property features: 100,000 SF available on 10 acres; space is divisible; 32’ clear height with a 62’ x 400’ bay; 2,000 amps of heavy electrical power
