Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6665 N Spiker Rd Piqua, OH 45356

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    21,200 SF industrial space with modern amenities and easy access.

    Property size:
    21,200 SF
    Lot size:
    3.06 Acres

    Property Features for 6665 N Spiker Rd

    General Information

    Size
    21,200 SF
    Lot size
    3.06 Acres

    We can help!

    Listing Contact
    Timothy Echemann
    Timothy Echemann
    Source: Moodyscre

    Listing Agency: Industrial Property Brokers Listing Agent: Timothy Echemann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Piqua Industrial Facility with I-75 Access

    Located at 6665 N Spiker Rd in Piqua, OH, this industrial facility offers 21,200 square feet of space suitable for various industrial uses. The property features modern amenities, including LED lighting and a new roof installed in 2022. Convenient access to I-75, located just 5 miles away, enhances transportation and visibility. The site includes two buildings, one with 7,200 square feet and another with 14,000 square feet. There are five 10' x 12' drive-in doors and two 9' x 10' docks. Essential features include office space, shop floor drains, and an air compressor with lines. This well-maintained industrial space is available for lease or purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Next Plastics Factory Makers Supply Freight Service Parking Lot Parking Lot & Garage

    Suggested Use

    Building Supply Auto Repair Shop Kitchen & Bath Showroom Food Market Grocery & Convenience Store Storage Facility Discount Store Electrical Service Car Rental Facility Home Appliance Store

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

    Similar Places Nearby

    Grubb Warehouse & Storage, Middleton Storage

    Location Insight

    • Map
    • Local Demand
    City
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.2982368
    Latitude
    40.1351303

    Nearby Similar for Sale

    • $589,900
      5,898 SF

      Versatile Commercial Property in Piqua

      Adaptable commercial property with expansion potential on 2 acres.
      1752 W High St, Piqua, OH 45356
      View Details
    • $750,000
      6,000 SF

      Professional Office Building Near I-75

      Professional office building with suites, ideal for medical or administrative use.
      1301 E Ash St, Piqua, OH 45356
      View Details
    • $379,900
      2,990 SF

      Well-Maintained Office/Medical Condo For Sale

      All-brick office/medical condo with private rooms, waiting areas, and parking.
      9163 N County Road 25A, Piqua, OH 45356
      View Details
    • $420,000
      4,124 SF

      Turnkey Office Building in Piqua

      Charming, updated office building in downtown Piqua, Ohio.
      423 N Wayne St, Piqua, OH 45356
      View Details
    • $124,900
      4,970 SF

      Versatile Commercial Building in Piqua

      Almost 6000 SF commercial building with multiple possibilities.
      608 W High St, Piqua, OH 45356
      View Details
    • $50,000
      11,400 SF

      Piqua Historic Church Building

      11,400 SF former church with creative potential.
      531 W Ash St, Piqua, OH 45356
      View Details
    • $840,000
      21,648 SF

      Turnkey Equestrian Boarding Facility

      18-acre equestrian facility with indoor arena and boarding stalls.
      9711 Spiker Rd, Piqua, OH 45356
      View Details
    • New
      $89,000
      1,050 SF

      New Medical Trailer for Sale

      Never-used medical trailer ready for customization and professional use.
      1801 Commerce Dr Unit Back, Piqua, OH 45356
      View Details
    • New
      $169,900
      2,432 SF

      Turnkey Duplex Investment Opportunity

      Well-maintained duplex with strong rental history in Piqua, Ohio.
      512 Orr St, Piqua, OH 45356
      View Details
    • $545,000
      24,000 SF

      Versatile Manufacturing Facility For Sale

      24,000 SF manufacturing facility with expandable land near I-75.
      500 Weber St, Piqua, OH 45356
      View Details
    • $165,000
      4,500 SF

      Versatile Warehouse with 10-Ton Crane

      4,500 SF warehouse with crane, near I-75.
      119 Gordon St, Piqua, OH 45356
      View Details
    • $3,900,000
      32,568 SF

      New Industrial Facility with Abatement

      New industrial facility with tax abatement and storage space.
      1627 Scarbrough Dr, Piqua, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - 21,200 SF industrial space with modern amenities and easy access.
    Where is this warehouse located?
    The property is located at 6665 N Spiker Rd Piqua, OH.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: - Convenient access to I-75 (5 miles away) for ease of transportation.; - **21,200 SF of total space across two buildings** (7,200 SF and 14,000 SF).; - New roofs installed in 2022.
    (937) 492-4423 Call to check price and availability
    Request Owner's contact information
    6665 N Spiker Rd Piqua, OH 45356
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6665 N Spiker Rd
    Piqua, OH 45356
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6665 N Spiker Rd Piqua, OH 45356
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Timothy Echemann
    Timothy Echemann
    (937) 492-4423
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!