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    - Delaware, OH 43015

    Sponsored
    For Lease
    $10 SF/Yr

    17,244 SF Warehouse - M2 Zoning

    Lot size:
    17,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 17,244-square-foot industrial warehouse, located in Delaware County, presents a unique investment opportunity. Currently configured as an auto repair and auto body shop, the property boasts versatile zoning (M2) and is ideally suited for a variety of uses. Built in 1976 and extensively remodeled in 2022, the building offers excellent functionality and modern amenities. Access is provided by four drive-in doors: three measuring 14 feet by 14 feet, and one measuring 9 feet by 10 feet. The warehouse features a clear height ranging from 13 to 15 feet, providing ample space for operations. Power is supplied by a 3-phase, 120/240-volt system. Heating is efficient and cost-effective, utilizing a Clean Burn Energy System (waste oil burning furnace) supplemented by radiant and gas Reznor heaters. The property also includes a paint booth, a valuable asset for automotive-related businesses or similar applications. Annual real estate taxes are $12,860. This well-maintained and updated warehouse offers a compelling combination of functionality, location, and cost-effectiveness, making it an attractive prospect for discerning investors and businesses alike.

    Property Features for 0 -

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,244 SF

    Unit(s) available at that property

    Space
    Size
    17,244 SF
    Rate per SF
    $10

    HighLights

    • 17,244 SF industrial warehouse in Delaware County.
    • Single‑tenant occupancy, currently used as an auto repair/body shop.
    • M2 zoning.
    • Built in 1976, remodeled in 2022.
    • Four drive‑in doors (three 14'x14', one 9'x10').
    • 13'-15' clear height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Delaware
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0677244
    Latitude
    40.298702

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    FAQs

    What type of property is this?
    Distribution property - 17,244 SF Warehouse - M2 Zoning
    Where is this distribution property located?
    The property is located at - Delaware, OH.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 17,244 SF industrial warehouse in Delaware County.; Single-tenant occupancy, currently used as an auto repair/body shop.; M2 zoning.
    Request Owner's contact information
    - Delaware, OH 43015
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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
    - Delaware, OH 43015
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