Industrial Land with Warehouse
6595 Watkins Rd Sw Pataskala, OH 43062
6595 Watkins Rd Sw, Pataskala, OH, 43062
$845,000
For Sale
$845,000
Manufacturing-zoned site with multiple outbuildings, rail adjacency, and approximately 375 feet of road frontage.
Property Size2,232 SF
Lot Size10.00 Acres
Price / SF$378.58
Days on Market271
Property Features for 6595 Watkins Rd Sw
General Information
- Standard status
- Active
- Size
- 2,232 SF
- Lot size
- 10.00 Acres
- Property subtype
- Land
Listing agency
Red 1 Realty
(614) 332-7800
Listed by
Jon Bolon · License #2018006205
(614) 332-7800
Source
Exprealty
Added: Oct 24, 2025 Updated: Jul 21 at 5:41AM Checked: Jul 21 at 5:41AM
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 Red 1 Realty
Investment Insights
Based on property information with market context.
This manufacturing-zoned industrial property in Pataskala includes a mostly level, open land layout with multiple outbuildings suitable for storage and light industrial uses, subject to township approval. On-site structures include two 50' x 30' buildings—one with a concrete floor and electric plus two man doors and a sliding door (approximately 12' x 11'), and a second with a gravel floor and a man door with an opening (approximately 9.5' x 8.5'). There is also a 30' x 25' building with a standard one-car garage door.
The site offers approximately 375 feet of road frontage and is positioned about 1 mile from State Route 16, providing quick access to Columbus, I-70, and major logistics routes. The property is adjacent to the Central Ohio Railroad, offering potential for rail-served operations (buyer to verify).
An existing 3-bedroom single-family home is also located on the property and may be used as office space, converted, or used as a residence or rental, depending on the buyer’s plans and applicable approvals.
The site offers approximately 375 feet of road frontage and is positioned about 1 mile from State Route 16, providing quick access to Columbus, I-70, and major logistics routes. The property is adjacent to the Central Ohio Railroad, offering potential for rail-served operations (buyer to verify).
An existing 3-bedroom single-family home is also located on the property and may be used as office space, converted, or used as a residence or rental, depending on the buyer’s plans and applicable approvals.
Key Highlights
- 10‑acre manufacturing‑zoned property with multiple outbuildings and mostly level, open land for site planning
- Approximately 375 ft of road frontage near State Route 16 for access and signage potential
- Adjacent to Central Ohio Railroad, offering potential for rail‑served operations (buyer to verify)
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 | $48.7k | $21.84 |
| − Vacancy | −$11.7k | −$5.24 |
| EGI | $37.0k | $16.60 |
| − OpEx | −$5.6k | −$2.49 |
| NOI | $31.5k | $14.11 |
2,232 SF · lease $21.84/SF/yr · vacancy 24.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$449.9K
$393.6K – $524.8K
NOI $31,490 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.79M
$1.57M – $2.09M
NOI $125,480 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial land
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial land - Manufacturing-zoned site with multiple outbuildings, rail adjacency, and approximately 375 feet of road frontage.
Where is this industrial land located?
The property is located at 6595 Watkins Rd Sw Pataskala, OH.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 10‑acre manufacturing‑zoned property with multiple outbuildings and mostly level, open land for site planning; Approximately 375 ft of road frontage near State Route 16 for access and signage potential; Adjacent to Central Ohio Railroad, offering potential for rail‑served operations (buyer to verify)
