Flex Space with Overhead
For Sale
$590,000
75 Eastgate Drive, North Lima, OH 44452
CommercialSale, North Lima, OH
Property Size4,200 SF
Lot Size0.61 Acres
Price / SF$140.48
Days on Market81
Property Features for 75 Eastgate Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Eastgate Indust Park 1
Elementary school district
South Range LSD - 5009
Middle school district
South Range LSD - 5009
High school district
South Range LSD - 5009
Directions
From I-680 South, take Exit 1B for SR-7 South toward East Liverpool. Continue approximately 1 mile, then turn left onto Eastgate Industrial Drive. Continue into Eastgate Industrial Park. The property is located at 75 Eastgate Industrial Drive on the left.
Standard status
Active
APN
05-042-0-017.00-0
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 4 100 X 266.58 IRR EASTGATE INDUSTRIAL PARK PLAT 1
Tax Annual Amount
5639
Legal Description
LOT 4 100 X 266.58 IRR EASTGATE INDUSTRIAL PARK PLAT 1
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Listing Agency:
RE/MAX Edge Realty · RE/MAX International
(330) 821-5300
Listed By:
Brandy Maurer · License #2024005050
(501) 580-7891
Added: Jul 19
Changed: Oct 3
Last Checked: Oct 7 at 6:06AM
MLS# 5228008
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2008 flex property contains approximately 4,200 square feet on a 0.6107-acre parcel. The building has overhead door access, on-site parking, forced-air heating, and central air conditioning. Public water and public sewer serve the property.
Located in Eastgate Industrial Park in Beaver Township, the property offers access to SR-7, SR-170, I-680, and the Ohio Turnpike. Potential uses are subject to zoning approval.
Located in Eastgate Industrial Park in Beaver Township, the property offers access to SR-7, SR-170, I-680, and the Ohio Turnpike. Potential uses are subject to zoning approval.
Key Highlights
- Approximately 4,200 square feet on 0.6107 acres
- Built in 2008
- Overhead door access and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,957
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140
$419.1K
Cap Rate 7%
$299,386
$299.4K
Cap Rate 9%
$232,856
$232.9K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$26.9K $6.41/SF
− Vacancy
−$2.3K −$0.54/SF
EGI
$24.7K $5.87/SF
− OpEx
−$3.7K −$0.88/SF
NOI
$21.0K $4.99/SF
Area
Mahoning County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140
Cap Rate 7%
$299,386
Cap Rate 9%
$232,856
Alternative Uses
Best Use
Warehouse
$299.4K
$262.0K – $349.3K
NOI $20,957 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$246.6K
$215.7K – $287.7K
NOI $17,259 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$792.6K
$693.5K – $924.7K
NOI $55,480 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44452, OH
3,114
Population
1,166
Households
2.7
Avg Household Size
50
Median Age
28%
College-Educated
92%
High-School Grad
13.7 sq mi
ZIP Area
227
Density / Sq Mi
$60,000
Median Household Income
$44,875
Median Earnings
$738
Median Rent
$223,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A flexible industrial layout includes on-site parking and connections to public water and sewer.
Where is this flex space located?
The property is located at 75 Eastgate Drive North Lima, OH.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Approximately 4,200 square feet on 0.6107 acres; Built in 2008; Overhead door access and on‑site parking
