Multi-Building Mixed-Use
4915 Old Rte 39 NW, Dover, OH 44622
For Sale
Contact for pricing
Three separate buildings combine retail, warehouse, garage, and flexible work or storage space on one commercial parcel.
Property Size2,304 SF
Lot Size1.12 Acres
Days on Market26
Property Features for 4915 Old Rte 39 NW
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Utilities to Site
Mixed-Use Components
Warehouse & Industrial
Warehouse Space
Conditioned Warehouse
Additional Details
Property Use
Building Details
Year Built
Buildings
Listing Agency:
Kaufman Realty & Auction
Listed By:
Jamie H Miller · License #2022007784
(330) 275-7202
Source:
Greaterclevelandhomesforsale
Added: Oct 13
Changed: Nov 7
Last Checked: Nov 7 at 3:40PM
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 Kaufman Realty & Auction
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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.
Three buildings occupy a 1.116-acre commercial property. The 2,304-square-foot retail building, constructed in 1983, includes an open sales area, office, two restrooms, and storage. It has a newer heating and cooling unit and a backup generator. A 700-square-foot garage offers two vehicle bays, electrical service, and gas availability. The 2,457-square-foot warehouse, built in 1995, has a bathroom, an overhead garage door, and its own backup generator; it has primarily served as warehouse space. The 1,920-square-foot pole building dates to 2017 and features approximately 12-foot ceilings, two overhead doors, heating and cooling, a newer roof, and a backup generator. Water is not currently available in that building.
The buildings are served by private water and sewer, including a commercial-grade sewer system with two 1,000-gallon tanks. Central air and forced-air gas heat are also noted for the property.
The buildings are served by private water and sewer, including a commercial-grade sewer system with two 1,000-gallon tanks. Central air and forced-air gas heat are also noted for the property.
Key Highlights
- Three buildings on 1.116 acres
- 2,304‑square‑foot retail building with open area, office, two restrooms, and storage
- 2,457‑square‑foot warehouse with bathroom, overhead garage door, and backup generator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,179
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,580
$183.6K
Cap Rate 7%
$131,129
$131.1K
Cap Rate 9%
$101,989
$102.0K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$11.6K $5.04/SF
− Vacancy
−$813 −$0.35/SF
EGI
$10.8K $4.69/SF
− OpEx
−$1.6K −$0.70/SF
NOI
$9.2K $3.98/SF
Area
Tuscarawas County, OH
Vacancy
7.00%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,580
Cap Rate 7%
$131,129
Cap Rate 9%
$101,989
Alternative Uses
Best Use
Mixed Use
$340.7K
$298.1K – $397.4K
NOI $23,846 @ 7.0% cap · market cap 2,384,600.00%
Second Best
Retail
$244.2K
$213.7K – $284.9K
NOI $17,093 @ 7.0% cap · market cap 1,709,300.00%
Theoretical Best
Office A
$429.3K
$375.7K – $500.9K
NOI $30,054 @ 7.0% cap · market cap 3,005,400.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
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Business Placement
Demographics for 44622, OH
18,921
Population
8,228
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
93%
High-School Grad
55.6 sq mi
ZIP Area
340
Density / Sq Mi
$70,237
Median Household Income
$42,022
Median Earnings
$981
Median Rent
$200,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three separate buildings combine retail, warehouse, garage, and flexible work or storage space on one commercial parcel.
Where is this mixed-use property located?
The property is located at 4915 Old Rte 39 NW Dover, OH.
What are key features of this property?
This property features: Three buildings on 1.116 acres; 2,304‑square‑foot retail building with open area, office, two restrooms, and storage; 2,457‑square‑foot warehouse with bathroom, overhead garage door, and backup generator
