Mixed-Use Facility with Overhead
For Sale
Contact for pricing
642 Rockwell Avenue, Findlay, OH 45840
Office amenities and industrial capacity share a secured property with direct access to I-75.
Property Size12,000 SF
Price / SF$0.00
Days on Market78
Property Features for 642 Rockwell Avenue
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
11 ft
Three-Phase Power
Yes
Additional Details
Property Use
Light Manufacturing, Assembly, Regional Distribution, Commercial Services
Amenities
showers
breakroom
fitness/flex space
open flex area
security system
Building Details
Year Built
1969
Building Size
12,000 SF
Listing Agency:
Northwest Real Estate Services
Listed By:
Curt Sigg
(419) 438-8898
Source:
Nwohiohomes
Added: Aug 14
Changed: Oct 30
Last Checked: Oct 30 at 2:04AM
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 Northwest Real Estate Services
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Investment Insights
Based on property information with market context.
This 12,000-square-foot mixed-use property, built in 1969, combines climate-controlled office space with warehouse and industrial areas. The office suite includes private offices, restrooms, showers, a breakroom, fitness and flex space, and an open area for meetings or training. Industrial features include 3-phase electric service, a 2-ton overhead crane, floor drains, a secure tool room, storage attic, and security cage. The building also has 11-foot clear ceilings and 12-by-14-foot overhead delivery doors, plus a portable loading dock.
A fenced perimeter and secured entry support controlled access. The property offers direct access to I-75, parking, and clearance for semi-truck deliveries.
A fenced perimeter and secured entry support controlled access. The property offers direct access to I-75, parking, and clearance for semi-truck deliveries.
Key Highlights
- 12,000 square feet; built in 1969
- Climate‑controlled offices, restrooms, showers, breakroom, fitness/flex area, and open meeting space
- 3‑phase electric service and 2‑ton overhead crane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,310
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,200
$986.2K
Cap Rate 7%
$704,429
$704.4K
Cap Rate 9%
$547,889
$547.9K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$76.9K $6.41/SF
− Vacancy
−$6.5K −$0.54/SF
EGI
$70.4K $5.87/SF
− OpEx
−$21.1K −$1.76/SF
NOI
$49.3K $4.11/SF
Area
Hancock County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,200
Cap Rate 7%
$704,429
Cap Rate 9%
$547,889
Alternative Uses
Best Use
Mixed Use
$2.00M
$1.75M – $2.33M
NOI $139,992 @ 7.0% cap · market cap 1,999,885.71%
Second Best
Warehouse
$855.4K
$748.5K – $998.0K
NOI $59,877 @ 7.0% cap · market cap 855,385.71%
Theoretical Best
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,301 @ 7.0% cap · market cap 3,347,157.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
11 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 45840, OH
54,901
Population
25,396
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
166.5 sq mi
ZIP Area
330
Density / Sq Mi
$64,076
Median Household Income
$42,546
Median Earnings
$934
Median Rent
$203,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office amenities and industrial capacity share a secured property with direct access to I-75.
Where is this mixed-use property located?
The property is located at 642 Rockwell Avenue Findlay, OH.
What are key features of this property?
This property features: 12,000 square feet; built in 1969; Climate‑controlled offices, restrooms, showers, breakroom, fitness/flex area, and open meeting space; 3‑phase electric service and 2‑ton overhead crane
