Multi-Unit Flex
5160 Railroad St Sylvania, OH 43560
5160 Railroad St, Sylvania, OH, 43560
Contact for pricing
For Sale
Contact for pricing
Flex warehouse with heated units, grade-level and dock-high doors, plus on-site parking and outdoor storage potential.
Property Size11,000 SF
Lot Size2.00 Acres
Price / SF$61.36
Days on Market90
Property Features for 5160 Railroad St
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 5160 Railroad St Contact us
Listing agency
NAI Harmon Group
(419) 705-3662
Listed by
Kevin Carr · License #44802
(419) 705-3662
Source
Moodyscre
Added: Apr 23 Updated: Jul 21 at 12:02PM Checked: Jul 21 at 12:02PM
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 NAI Harmon Group
Investment Insights
Based on property information with market context.
This flex warehouse property is currently divided into six units, with four heated areas. An available 11,000 SF footprint can be leased, and the entire 21,000 SF building is offered for sale with the flexibility to combine units or keep them separate. The site includes 2 acres that support outdoor storage potential, along with one grade-level door and three dock-high doors.
The property is located less than a mile from Downtown Sylvania and provides ample on-site parking for tenants and customers.
With multiple door types, heated space, and a subdivided layout, the building can accommodate a range of light industrial and storage needs while allowing future configuration changes as requirements evolve.
The property is located less than a mile from Downtown Sylvania and provides ample on-site parking for tenants and customers.
With multiple door types, heated space, and a subdivided layout, the building can accommodate a range of light industrial and storage needs while allowing future configuration changes as requirements evolve.
Key Highlights
- 21,000 SF building available for sale or 11,000 SF available for lease (dimmisable).
- Currently divided into 6 units (4 heated) with flexibility to combine units or keep them separate.
- 2‑acre property with outdoor storage potential and loading access.
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 | $85.8k | $7.80 |
| − Vacancy | −$2.2k | −$0.20 |
| EGI | $83.6k | $7.60 |
| − OpEx | −$25.1k | −$2.28 |
| NOI | $58.5k | $5.32 |
11,000 SF · lease $7.80/SF/yr · vacancy 2.55% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.02M
$888.4K – $1.18M
NOI $71,070 @ 7.0% cap · market cap 10.53%
Second Best
Flex RnD
$991.4K
$867.5K – $1.16M
NOI $69,398 @ 7.0% cap · market cap 10.28%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,927 @ 7.0% cap · market cap 20.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Uhaul self storage — Monroe St, Sylvania, OH 43560
FAQs
What type of property is this?
Warehouse - Flex warehouse with heated units, grade-level and dock-high doors, plus on-site parking and outdoor storage potential.
Where is this warehouse located?
The property is located at 5160 Railroad St Sylvania, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 21,000 SF building available for sale or 11,000 SF available for lease (dimmisable).; Currently divided into 6 units (4 heated) with flexibility to combine units or keep them separate.; 2‑acre property with outdoor storage potential and loading access.
