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    246 Cir Fwy Dr West Chester, OH 45246

    Sponsored
    For Lease
    $5 SF/Yr

    111,730 SF Warehouse, Tri-County

    Lot size:
    111,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 111,730-square-foot warehouse, ideally situated in Butler County's Tri-County submarket, presents a significant leasing opportunity. Built in 1970, the property boasts a substantial 21-foot clear height, providing ample vertical space for efficient storage and operations. The building features 24 loading docks and 24 dock-high doors, ensuring seamless and efficient loading and unloading processes. For added convenience, there are 67 total parking spaces and a single drive-in door. The warehouse is equipped with a robust power supply, including 800 Amp 120/208V 3-phase and 400 Amp 480/277V service. Energy efficiency is prioritized with the installation of LED lighting throughout the warehouse. Safety is paramount with a fully sprinklered wet system installed throughout the building. The property is zoned M-2 Industrial, allowing for a wide range of industrial uses. Benefit from the strategic location, offering easy access to major transportation arteries including I-275, I-75, Highway 747, and Route 4. Furthermore, this location is within a tax-advantageous area with no earnings tax. This Class B warehouse is perfect for businesses seeking a functional, well-maintained, and strategically located space in the thriving Tri-County submarket. One space is currently available for lease.

    Property Features for 246 Cir Fwy Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,730 SF
    Total Rate
    48881.88

    Building Details

    Year Built
    1970

    Unit(s) available at that property

    Space
    Suite 246-256
    Size
    111,730 SF
    Rate per SF
    $5

    HighLights

    • 111,730 square feet of warehouse space.
    • 21‑foot clear height.
    • Located in a tax‑advantaged area with no earnings tax.
    • Energy‑efficient LED lighting throughout the warehouse.
    • Fully sprinklered fire protection system.
    • M‑2 Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Butler
    State
    Ohio
    Longitude
    -84.4794408
    Latitude
    39.3077686

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    FAQs

    What type of property is this?
    Distribution property - 111,730 SF Warehouse, Tri-County
    Where is this distribution property located?
    The property is located at 246 Cir Fwy Dr West Chester, OH.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 111,730 square feet of warehouse space.; 21-foot clear height.; Located in a tax-advantaged area with no earnings tax.
    Request Owner's contact information
    246 Cir Fwy Dr West Chester, OH 45246
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    West Chester, OH 45246
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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
    246 Cir Fwy Dr West Chester, OH 45246
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