Pole Barn with Building
For Sale
$399,000
7325 Yawberg Rd, Whitehouse, OH 43571
An 11.2-acre parcel with a 40-by-80 heated insulated pole barn, concrete floors, 200-amp service, and new roof.
Property Size3,200 SF
Lot Size11.20 Acres
Price / SF$124.69
Days on Market62
Property Features for 7325 Yawberg Rd
General Information
Standard status
Active
Size
3,200 SF
Lot size
11.20 Acres
Property subtype
Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
2002
Year Renovated
2024
Listing Agency:
Key Realty LTD
(419) 654-7653
Listed By:
Nicholas B Amlin
(419) 654-7653
Source:
Exprealty
Added: Jun 9
Changed: Aug 8
Last Checked: Jun 27 at 6:13PM
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 Key Realty LTD
Investment Insights
Based on property information with market context.
This property offers an 11.2-acre building site with a large, existing 40-by-80 heated and insulated pole barn. The barn has 6-inch thick concrete floors and a 200-amp electrical service. A new roof was installed in the fall of 2024, and the pole barn was built in 2002.
The site is accessed via a long, scenic driveway leading to a massive open area. The seller reports that key pre-construction items are already completed, including surveys, a building permit, septic design, PINC slip, soil sample, zoning permit, and a perk test.
For buyers looking to build, the property is positioned as a shovel-ready canvas with the improvements already in place through the pole barn and associated site groundwork.
The site is accessed via a long, scenic driveway leading to a massive open area. The seller reports that key pre-construction items are already completed, including surveys, a building permit, septic design, PINC slip, soil sample, zoning permit, and a perk test.
For buyers looking to build, the property is positioned as a shovel-ready canvas with the improvements already in place through the pole barn and associated site groundwork.
Key Highlights
- 11.2‑acre parcel at 7325 Yawberg Road, Whitehouse, OH 43571, with a long scenic driveway leading to an open area
- 40‑by‑80 heated and insulated pole barn built in 2002
- Pole barn features 6‑inch thick concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,500
$413.5K
Cap Rate 7%
$295,357
$295.4K
Cap Rate 9%
$229,722
$229.7K
Market Conditions
NOI Build-Up for 3,200 SF
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.
Gross rent
$25.0K $7.80/SF
− Vacancy
−$636 −$0.20/SF
EGI
$24.3K $7.60/SF
− OpEx
−$3.6K −$1.14/SF
NOI
$20.7K $6.46/SF
Area
Lucas County, OH
Vacancy
2.55%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,500
Cap Rate 7%
$295,357
Cap Rate 9%
$229,722
Alternative Uses
Best Use
Warehouse
$295.4K
$258.4K – $344.6K
NOI $20,675 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$585.7K
$512.5K – $683.3K
NOI $40,997 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 43571, OH
7,753
Population
2,965
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
354
Density / Sq Mi
$99,435
Median Household Income
$53,903
Median Earnings
$923
Median Rent
$288,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - An 11.2-acre parcel with a 40-by-80 heated insulated pole barn, concrete floors, 200-amp service, and new roof.
Where is this residential land & home lot located?
The property is located at 7325 Yawberg Rd Whitehouse, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 11.2‑acre parcel at 7325 Yawberg Road, Whitehouse, OH 43571, with a long scenic driveway leading to an open area; 40‑by‑80 heated and insulated pole barn built in 2002; Pole barn features 6‑inch thick concrete floors
