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    500 Industrial Pkwy Fayette, OH 43521

    Sponsored
    For Lease
    $4 SF/Yr ($19,248 /Mo)

    57,744 SF Single-Tenant Manufacturing Plant

    Lot size:
    57,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 57,744-square-foot manufacturing facility is situated on a spacious 7.1-acre lot at 500 E. Industrial Parkway in Fayette, Ohio, zip code 43521. Built in 1966, this single-story building offers a functional layout ideal for various manufacturing operations. The property boasts a substantial 11'-14'11" ceiling height, providing ample vertical space for equipment and processes. Loading and unloading are facilitated by eight dock-high doors and one loading dock. Power is robust, featuring 1100 Amps and 480-3 phase electric service. The property is zoned for Industrial Light Manufacturing, ensuring flexibility for a range of uses. The location is convenient, with cross streets at Co Rd 23 and Co Rd 24, and is classified as being outside the metro area. The Fulton County location offers access to key transportation routes and a supportive business environment. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property's APN is 19-039152-00.000. This is a rare opportunity to acquire a substantial, well-located manufacturing facility in a desirable Ohio location. The property's size, features, and location make it an attractive option for businesses seeking a significant footprint in a growing area.

    Property Features for 500 Industrial Pkwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,744 SF
    Total Rate
    19248

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    57,744 SF
    Rate per SF
    $4

    HighLights

    • 7+ acre industrial lot with ample outdoor storage and trailer drop.
    • 57,744 SF industrial building (240' x 240').
    • Eight (8) truck‑high loading docks.
    • Twelve (12) foot overhead doors.
    • 1100 amp, 480‑volt, three‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Next Specialty Resins Manufacturer

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Kitchen & Bath Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Fulton
    State
    Ohio
    Longitude
    -84.321625
    Latitude
    41.680248

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    FAQs

    What type of property is this?
    Manufacturing property - 57,744 SF Single-Tenant Manufacturing Plant
    Where is this manufacturing property located?
    The property is located at 500 Industrial Pkwy Fayette, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 7+ acre industrial lot with ample outdoor storage and trailer drop.; 57,744 SF industrial building (240' x 240').; Eight (8) truck-high loading docks.
    Request Owner's contact information
    500 Industrial Pkwy Fayette, OH 43521
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    Fayette, OH 43521
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    Realmo Value Estimation

    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.

    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.

    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
    500 Industrial Pkwy Fayette, OH 43521
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