Industrial Flex Retail
For Sale
Contact for pricing
7754 S State Route 73, Wilmington, OH 45177
Two fenced, gated buildings with substantial compact gravel parking and outdoor storage, zoned C-2 for flexible light use.
Property Size10,537 SF
Lot Size9.68 Acres
Price / SF$132.39
Days on Market141
Property Features for 7754 S State Route 73
General Information
Standard status
Active
Size
10,537 SF
Lot size
9.68 Acres
Property subtype
FLEX_R_AND_D
Zoning
C-2
Additional Details
Fenced Yard
Yes
Properties For Sale
at 7754 S State Route 73
7754 S State Rte 73
AVAILABLE, Now
Floor
Bldg
Size
10,537 SF
Type
FLEX_R_AND_D
Sublease
No
- 3CRE is pleased to present a versatile Industrial/Flex/Retail opportunity located at 7754 OH-73 in Wilmington, Ohio. This property is available for sale at $1,450,000 or for lease at a negotiable rate and features two buildings totaling 10,000 square feet, including a 6,000 SF building and a 4,000 SF building. The site sits on 9.68 total acres and includes approximately 6 acres of dedicated compact gravel parking and outdoor storage space. The property is fully fenced with gated access and is zoned C-2, allowing for a wide variety of commercial and light industrial uses.
Contact us
Listing Agency:
3CRE Advisors, LLC - corporate
(513) 745-9333
Listed By:
Michael Costantini · License ##2018001126
(513) 383-8413
Source:
Moodyscre
Added: Jun 9
Changed: Oct 25
Last Checked: Oct 26 at 5:17PM
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 3CRE Advisors, LLC - corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
3CRE is pleased to present a versatile industrial/flex/retail opportunity at 7754 S State Route 73 in Wilmington, Ohio. The property includes two buildings totaling 10,000 square feet, comprised of a 6,000 SF building and a 4,000 SF building. The site offers outdoor support space, including dedicated compact gravel parking and outdoor storage.
The property sits on 9.68 total acres and features approximately 6 acres of dedicated compact gravel parking and outdoor storage space. It is fully fenced with gated access, helping support controlled vehicle and equipment operations. Zoning is designated C-2, providing flexibility for a wide variety of commercial and light industrial uses.
This configuration can work well for tenants seeking a combination of warehouse and flex space, with outdoor storage and a fenced yard to support day-to-day logistics. The two-building setup may also appeal to operators looking to separate functions within the same secured site, while retaining the option to use the space to best match their business model under the property’s C-2 zoning framework.
The property sits on 9.68 total acres and features approximately 6 acres of dedicated compact gravel parking and outdoor storage space. It is fully fenced with gated access, helping support controlled vehicle and equipment operations. Zoning is designated C-2, providing flexibility for a wide variety of commercial and light industrial uses.
This configuration can work well for tenants seeking a combination of warehouse and flex space, with outdoor storage and a fenced yard to support day-to-day logistics. The two-building setup may also appeal to operators looking to separate functions within the same secured site, while retaining the option to use the space to best match their business model under the property’s C-2 zoning framework.
Key Highlights
- Two buildings totaling 10,000 SF for sale ($1,450,000) or lease, including a 6,000 SF building and a 4,000 SF building
- 9.68 total acres with approximately 6 acres of dedicated compact gravel parking and outdoor storage space
- Fully fenced property with gated access and outdoor storage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,299
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,980
$866.0K
Cap Rate 7%
$618,557
$618.6K
Cap Rate 9%
$481,100
$481.1K
Market Conditions
NOI Build-Up for 10,537 SF
Gross rent
$67.5K $6.41/SF
− Vacancy
−$5.7K −$0.54/SF
EGI
$61.9K $5.87/SF
− OpEx
−$18.6K −$1.76/SF
NOI
$43.3K $4.11/SF
Area
Clinton 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%
$865,980
Cap Rate 7%
$618,557
Cap Rate 9%
$481,100
Alternative Uses
Best Use
Retail
$2.74M
$2.40M – $3.20M
NOI $192,020 @ 7.0% cap · market cap 13.76%
Second Best
Industrial
$618.6K
$541.2K – $721.7K
NOI $43,299 @ 7.0% cap · market cap 3.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45177, OH
22,349
Population
9,870
Households
2.3
Avg Household Size
40
Median Age
26%
College-Educated
94%
High-School Grad
170.0 sq mi
ZIP Area
131
Density / Sq Mi
$70,483
Median Household Income
$36,980
Median Earnings
$933
Median Rent
$209,400
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?
Flex space - Two fenced, gated buildings with substantial compact gravel parking and outdoor storage, zoned C-2 for flexible light use.
Where is this flex space located?
The property is located at 7754 S State Route 73 Wilmington, OH.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two buildings totaling 10,000 SF for sale ($1,450,000) or lease, including a 6,000 SF building and a 4,000 SF building; 9.68 total acres with approximately 6 acres of dedicated compact gravel parking and outdoor storage space; Fully fenced property with gated access and outdoor storage included
