Flex Space with Shop and
622 Pleasant Valley Rd Nw Sugarcreek, OH 44681
For Sale
$675,000
Flex property with a 56x80 shop and separate 16x40 garage, plus a sizable, wired parking lot.
Property Size5,120 SF
Price / SF$131.84
Days on Market37
Property Features for 622 Pleasant Valley Rd Nw
General Information
- Standard status
- Active
- Size
- 5,120 SF
Listing Agency:
Howard Hanna Real Estate Services
(614) 891-7400
Listed By:
Tricia Cash · License #2012002206
(614) 891-7400
Source:
Exprealty
Added: Jun 17
Changed: Jul 22
Last Checked: Jul 22 at 10:25PM
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 Howard Hanna Real Estate Services
Investment Insights
Based on property information with market context.
This flex-style property sits on 2+ acres and includes a 56x80 shop plus a 16x40 garage. The shop is set up with an office, full bathroom, and loft storage, and it also includes three new garage door openers along with multiple overhead doors, a pit, and utility/operations equipment such as a Frontier Fiber optic with a $3,000 booster, an AC Recycling Machine, and a Port A Cool directional cooler.
An oversized, two-bay garage includes a Rol-Air Compressor with a new $900 motor and a $1,200 compressor. The parking lot provides substantial open space and is wired for block heaters, supporting flexibility for staging and parking needs.
The property is near downtown Sugarcreek and is just outside corporate limits, and it can be used for a variety of purposes as described in the remarks.
An oversized, two-bay garage includes a Rol-Air Compressor with a new $900 motor and a $1,200 compressor. The parking lot provides substantial open space and is wired for block heaters, supporting flexibility for staging and parking needs.
The property is near downtown Sugarcreek and is just outside corporate limits, and it can be used for a variety of purposes as described in the remarks.
Key Highlights
- 2+ acre commercial or mixed‑use flex property near downtown Sugarcreek, just outside corp limits
- Includes a 56x80 shop with office, full bathroom, loft storage, and multiple garage doors (1‑16' and 3‑14')
- Shop includes 3 new garage door openers, a pit, and Frontier Fiber optic with a $3,000 booster
Financial Insights For Flex RnD
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 | $51.0k | $9.96 |
| − Vacancy | −$3.1k | −$0.60 |
| EGI | $47.9k | $9.36 |
| − OpEx | −$16.8k | −$3.28 |
| NOI | $31.2k | $6.09 |
5,120 SF · lease $9.96/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$445.1K
$389.5K – $519.3K
NOI $31,158 @ 7.0% cap · market cap 4.62%
Second Best
Warehouse
$291.4K
$255.0K – $340.0K
NOI $20,399 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$954.1K
$834.9K – $1.11M
NOI $66,788 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Miller Tractor Service
Factory
Pleasant Valley Trucking ...
Trucking Company
FAQs
What type of property is this?
Flex space - Flex property with a 56x80 shop and separate 16x40 garage, plus a sizable, wired parking lot.
Where is this flex space located?
The property is located at 622 Pleasant Valley Rd Nw Sugarcreek, 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: 2+ acre commercial or mixed‑use flex property near downtown Sugarcreek, just outside corp limits; Includes a 56x80 shop with office, full bathroom, loft storage, and multiple garage doors (1‑16' and 3‑14'); Shop includes 3 new garage door openers, a pit, and Frontier Fiber optic with a $3,000 booster
