5539 Gundy Drive Midvale Dennison, OH 44621
Industrial facility with 21' ceilings, multiple overhead and dock doors, cranes, offices, and radiant heating.
Property Features for 5539 Gundy Drive Midvale
General Information
- Standard status
- Active
- Size
- 50,000 SF
- Lot size
- 5.10 Acres
Building Details
- Year Built
- 1974
Listing office (330) 472-2967
Listing date Jul 12, 2026
Source Christinamoretti.exprealty
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Investment Insights
Based on property information with market context.
Access is supported by three dock doors, four 14' overhead doors, and one 10' overhead door, with ample parking available at both the front and rear of the building. The site spans 5.1+/- acres, providing room to expand, and offers easy access to State Route 250 and I-77.
The offering is also described as including successful businesses with building, equipment, and supplies, including operations for maintenance repair supply and flexible film and packaging manufacturing.
Key Highlights
- Metal pole building with about 50,000+ SF industrial space plus 15 offices, 2 labs, and reception/waiting and conference areas
- 21' ceilings in manufacturing space with 3‑phase electric and radiant heating (heating: yes)
- Multiple access doors: 3 dock doors, four 14' overhead doors, and one 10' overhead door
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 | $252.0k | $5.04 |
| − Vacancy | −$17.6k | −$0.35 |
| EGI | $234.4k | $4.69 |
| − OpEx | −$35.2k | −$0.70 |
| NOI | $199.2k | $3.98 |
