Wadsworth Warehouse with
478 Corporate Pkwy Wadsworth, OH
478 Corporate Pkwy, Wadsworth, OH, 00000
Contact for pricing
For Sale
Contact for pricing
26,284 SF warehouse in Wadsworth, Ohio with equipment.
Property Size26,284 SF
Lot Size4.97 Acres
Price / SF$66.58
Days on Market445
Property Features for 478 Corporate Pkwy
General Information
- Standard status
- Active
- Size
- 26,284 SF
- Lot size
- 4.97 Acres
- Property subtype
- INDUSTRIAL
Listing agency
CBRE | Akron
(216) 687-1800
Listed by
Steve Lazarides · License #SAL.2002717
(216) 687-1800
Source
Moodyscre
Added: May 3, 2025 Updated: Jul 6 at 9:53AM Checked: Jul 21 at 6:30AM
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 26,284 square foot warehouse is located in Wadsworth, Ohio. Package handling equipment remains with the property. Procuring agents are to be paid by their Buyer.
Key Highlights
- Package handling equipment remains
- Procurring agents to be paid by their Buyer
- GISP ID: aacbdaf9‑4d48‑462f‑aa96‑20b52a3fa018
Local Financial Insights For Warehouse
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 | $146.4k | $5.57 |
| − Vacancy | −$6.4k | −$0.25 |
| EGI | $140.0k | $5.32 |
| − OpEx | −$21.0k | −$0.80 |
| NOI | $119.0k | $4.53 |
26,284 SF · lease $5.57/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.70M
$1.49M – $1.98M
NOI $118,966 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$1.40M
$1.22M – $1.63M
NOI $97,972 @ 7.0% cap · market cap 5.60%
Theoretical Best
Specialty Retail
$7.33M
$6.41M – $8.55M
NOI $513,196 @ 7.0% cap · market cap 29.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UPS Customer Center
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 26,284 SF warehouse in Wadsworth, Ohio with equipment.
Where is this warehouse located?
The property is located at 478 Corporate Pkwy Wadsworth, OH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Package handling equipment remains; Procurring agents to be paid by their Buyer; GISP ID: aacbdaf9‑4d48‑462f‑aa96‑20b52a3fa018
