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For sale
Manufacturing properties
OH
Midvale
44621
5539 Gundy Drive

Midvale Industrial Manufacturing Opportunity

5539 Gundy Drive Midvale, OH 44621

5539 Gundy Drive, Midvale, OH, 44621

$4,800,000

For Sale

$4,800,000

COMMERCIAL - Midvale, OH

Property Size50,000 SF

Lot Size5.10 Acres

Price / SF$96

AddedOct 20, 2025

Days on Market270

Last RefreshJul 16 at 5:06 am

Property Features for 5539 Gundy Drive

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: 2700398000
Size: 50,000 SF
Lot size: 5.10 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 1 7 1 PRP 15 2.478A
Tax Annual Amount: 13038

Utilities

Heating system: Natural Gas, Radiant

Building Details

Year built: 1974
Roof type: Rubber, Membrane

Listing agent Jan A McInturf License #314352

Listing office McInturf Realty 1110 Tuscarawas Ave. NW, New Philadelphia, OH

Listing date Oct 20, 2025

MLS# 5166952

Investment Insights

Based on property information with market context.

This property presents a business opportunity encompassing a building, equipment, and supplies. It houses M.R.S. Inc (Maintenance Repair Supply), a manufacturing company specializing in hoses and fasteners for industrial applications, and Convertapax, a manufacturer of flexible film and packaging. Both businesses have established client lists and are profitable. The building offers over 50,000 square feet of industrial space, incorporating 15 offices, 2 labs, a conference room, a waiting room, and a reception area. The manufacturing area features 21-foot ceilings, 3-phase electric power, and radiant heating. Equipment includes two 10,000-pound cranes. Access is facilitated by 3 dock doors, four 14-foot overhead doors, and one 10-foot overhead door. An additional metal pole building with a metal roof and two 14-foot overhead doors provides extra storage. The property includes abundant parking at the front and rear of the building. Situated on a 5.1+/- acre lot, the property offers room for expansion. It benefits from convenient access to State Route 250 and I-77 and is located in Midvale, Ohio.

Key Highlights

Established and profitable businesses (M.R.S. Inc & Convertapax) with extensive client lists included.
Substantial industrial space: Over 50,000 sq ft building featuring 15 offices, 2 labs, conference room, waiting room and reception area.
Manufacturing‑ready features: 21' ceilings, 3‑phase electric, radiant heating, and (2) 10,000‑pound cranes.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$252.0k	$5.04
− Vacancy	−$17.6k	−$0.35
EGI	$234.4k	$4.69
− OpEx	−$70.3k	−$1.41
NOI	$164.1k	$3.28

50,000 SF · lease $5.04/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use

Industrial

$2.34M

$2.05M – $2.73M (±1% cap)

NOI $164,052 @ 7.0% cap · market cap 3.42%

Second Best

—

no second resolved use

Theoretical Best

Office A

$9.32M

$8.15M – $10.87M (±1% cap)

NOI $652,224 @ 7.0% cap · market cap 13.59%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

For sale
Manufacturing properties
OH
Midvale
44621
5539 Gundy Drive

What type of property is this?

Manufacturing property - Profitable manufacturing businesses with building, equipment, and expansion potential.

Where is this manufacturing property located?

The property is located at 5539 Gundy Drive Midvale, OH.

What is the asking price?

The asking price for this property is $4,800,000.

What are key features of this property?

This property features: Established and profitable businesses (M.R.S. Inc & Convertapax) with extensive client lists included.; Substantial industrial space: Over 50,000 sq ft building featuring 15 offices, 2 labs, conference room, waiting room and reception area.; **Manufacturing‑ready features: 21' ceilings, 3‑phase electric, radiant heating, and (2) 10,000‑pound cranes.**