Flex Space with Steel
For Sale
$2,500,000
7907 Nonpariel Road, Fredericksburg, OH 44627
CommercialSale, Fredericksburg, OH
Property Size16,800 SF
Lot Size5.05 Acres
Price / SF$148.81
Days on Market157
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Property Features for 7907 Nonpariel Road
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Triway LSD - 8509
Middle school district
Triway LSD - 8509
High school district
Triway LSD - 8509
Directions
From Harrison Road west of Fredericksburg take Nonpariel Rd. north to location on left. From SR 83 in Moreland take Moreland Rd. east to right on Nonpariel Rd. to location on left.
Standard status
Active
APN
30-00156.006
Lot size
5.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12096
Utilities
Sewer type
Septic Tank
Heating system
Radiant, Natural Gas, Forced Air
Cooling system
Central Air
Water source
Well
Amenities
breakroom
generator and battery pack
MCTV internet
in-floor heat
Building Details
Year built
2019
Roof type
Metal
Listing Agency:
Kaufman Realty & Auction, LLC.
(330) 674-7355
Listed By:
Timothy A Miller · License #2010001585
(740) 502-6786
Added: May 12
Changed: Sep 12
Last Checked: Oct 15 at 2:06PM
MLS# 5209359
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 flex-space property includes two steel free-span buildings, one constructed in 2019 and the other in 2024. Both feature 18-foot sidewalls, climate control, 6-inch concrete floors, and overhead doors. The improvements also include a 4,008-square-foot showroom with four offices, a restroom, storeroom, utility room, in-floor heat, and air conditioning.
The 5.049-acre site is located at 7907 Nonpariel Road in Fredericksburg, Ohio. Approximately 3 acres remain toward the rear for outdoor storage, parking, expansion, or additional improvements. Property infrastructure includes a private well, septic system, three natural-gas furnaces, central air, a generator, battery backup, and MCTV internet. Three-phase electric is located within approximately 500 feet of the property.
The 5.049-acre site is located at 7907 Nonpariel Road in Fredericksburg, Ohio. Approximately 3 acres remain toward the rear for outdoor storage, parking, expansion, or additional improvements. Property infrastructure includes a private well, septic system, three natural-gas furnaces, central air, a generator, battery backup, and MCTV internet. Three-phase electric is located within approximately 500 feet of the property.
Key Highlights
- 5.049‑acre property at 7907 Nonpariel Road, Fredericksburg, OH 44627
- 16,800 sq. ft. of commercial building space
- 80'x120' steel free‑span building built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,828
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,560
$1.7M
Cap Rate 7%
$1,197,543
$1.2M
Cap Rate 9%
$931,422
$931.4K
Market Conditions
NOI Build-Up for 16,800 SF
Gross rent
$107.7K $6.41/SF
− Vacancy
−$9.1K −$0.54/SF
EGI
$98.6K $5.87/SF
− OpEx
−$14.8K −$0.88/SF
NOI
$83.8K $4.99/SF
Area
Wayne 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%
$1,676,560
Cap Rate 7%
$1,197,543
Cap Rate 9%
$931,422
Alternative Uses
Best Use
Warehouse
$1.20M
$1.05M – $1.40M
NOI $83,828 @ 7.0% cap · market cap 3.35%
Second Best
Industrial
$986.2K
$862.9K – $1.15M
NOI $69,034 @ 7.0% cap · market cap 2.76%
Theoretical Best
Multifamily LT 5
$12.28M
$10.74M – $14.33M
NOI $859,513 @ 7.0% cap · market cap 34.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44627, OH
7,692
Population
1,849
Households
4.2
Avg Household Size
23
Median Age
6%
College-Educated
34%
High-School Grad
47.5 sq mi
ZIP Area
162
Density / Sq Mi
$81,895
Median Household Income
$41,703
Median Earnings
$788
Median Rent
$331,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Two steel structures and a separate showroom support manufacturing, warehousing, and service operations.
Where is this flex space located?
The property is located at 7907 Nonpariel Road Fredericksburg, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 5.049‑acre property at 7907 Nonpariel Road, Fredericksburg, OH 44627; 16,800 sq. ft. of commercial building space; 80'x120' steel free‑span building built in 2019
