Building Details

Year Built 2017

Listing Agency: Harvey Goodman, REALTOR

Listed By: Samantha K Welch Show Phone

Source: Theacclaimedrealty

Added: Jun 30 Changed: Oct 14 Last Checked: Oct 7 at 2:26PM

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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 warehouse for sale is located at 42547 Belmont-Centerville Road in Belmont, Ohio. The listing is presented as a warehouse asset, with the primary value being its purpose-built commercial utility for storage and distribution-oriented needs.

Access is supported by nearby highway connectivity. Directions indicate the property is less than 10 minutes from I-70, with travel routes via OH-149 and Belmont-Centerville Road, making it practical for operators that need straightforward regional movement.

For prospective tenants or buyers, this is a straightforward warehouse offering in Belmont County that can fit a range of light logistics, warehousing, and storage uses, subject to applicable use and permitting. Its location along Belmont-Centerville Road and close proximity to I-70 provide a practical starting point for companies prioritizing convenient highway access.

Key Highlights

• Year built 2017
• Heating: propane
• Located in Belmont, OH 43718, with access less than 10 minutes from I‑70

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,951

Cap Rate

4.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$479,020 $479.0K

Cap Rate 7%

$342,157 $342.2K

Cap Rate 9%

$266,122 $266.1K

Market Conditions

NOI Build-Up for 4,800 SF

Gross rent

$30.8K $6.41/SF

− Vacancy

−$2.6K −$0.54/SF

EGI

$28.2K $5.87/SF

− OpEx

−$4.2K −$0.88/SF

NOI

$24.0K $4.99/SF

Area

Belmont County, OH

Vacancy

8.42%

Lease Rate

$6.41 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$479,020

Cap Rate 7%

$342,157

Cap Rate 9%

$266,122

Alternative Uses

Best Use

Warehouse

$342.2K

$299.4K – $399.2K (±1% cap)

NOI $23,951 @ 7.0% cap · market cap 4.80%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$941.0K

$823.3K – $1.10M (±1% cap)

NOI $65,867 @ 7.0% cap · market cap 13.20%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Pet Store & Service Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 43718, OH

3,049

Population

1,159

Households

2.6

Avg Household Size

45

Median Age

16%

College-Educated

95%

High-School Grad

57.5 sq mi

ZIP Area

53

Density / Sq Mi

$74,719

Median Household Income

$37,049

Median Earnings

$1,091

Median Rent

$225,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse property located in Belmont, Ohio, with convenient access less than 10 minutes from I-70.

Where is this warehouse located?

The property is located at 42547 Belmont Centerville Rd Belmont, OH.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Year built 2017; Heating: propane; Located in Belmont, OH 43718, with access less than 10 minutes from I‑70