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    1000 Tower Dr Fort Loramie, OH 45845

    For Sale
    $2,625,000

    Modern 24,000 SF warehouse, prime location.

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24,000-square-foot warehouse, constructed in 2023, is situated within the thriving Fort Loramie Industrial Park at 1000 Tower Dr, Fort Loramie, OH 45845. The property sits on a 3.4-acre lot and offers a highly functional layout ideal for various industrial uses. The building boasts 24-foot clear height ceilings, providing ample vertical space for storage and operations. Loading and unloading are efficient with the inclusion of two dock-high doors (10' wide x 12' high) and two additional loading docks. The warehouse features 800 amp, 3-phase electrical service, and a robust 6-inch concrete floor. Office space can be customized to suit specific tenant needs ("build to suit" option available). The property is potentially divisible, offering flexibility for businesses of varying sizes. The Fort Loramie Industrial Park is a well-established business hub located along State Route 66, providing excellent access and visibility. This presents a unique opportunity to acquire a modern, high-quality warehouse in a desirable location. The asking price is $2,625,000, translating to $109.38 per square foot.

    Property Features for 1000 Tower Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF

    Building Details

    Year Built
    2023
    Buildings
    1

    HighLights

    • Prime 127‑acre industrial park in Fort Loramie, OH, located on State Route 66.
    • Established business park with a strong community presence.
    • Attractive business incentives available for relocating or expanding companies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Clothing Store Nail Salon Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Loramie
    County
    Shelby
    State
    Ohio
    Longitude
    -84.370784482715
    Latitude
    40.338162624324

    Nearby Comparable

    • $525,000
      2,795 SF

      Fort Loramie Commercial Property

      Prime Medical/Office Space, Ample Parking
      406 Main St, Fort Loramie, OH 45845
      View Details
    • $250,000
      5.09 Acres

      Fort Loramie Farm with Barns

      5.09 acre farm with multiple barns and fenced pasture.
      8381 Oh-66, Fort Loramie, OH 45845
      View Details

    Nearby Similar for Sale

    • $250,000
      5.09 Acres

      Fort Loramie Farm with Barns

      5.09 acre farm with multiple barns and fenced pasture.
      8381 Oh-66, Fort Loramie, OH 45845
      View Details

    FAQs

    What type of property is this?
    Distribution property - Modern 24,000 SF warehouse, prime location.
    Where is this distribution property located?
    The property is located at 1000 Tower Dr Fort Loramie, OH.
    What is the asking price?
    The asking price for this property is $2,625,000.
    What are key features of this property?
    This property features: Prime 127-acre industrial park in Fort Loramie, OH, located on State Route 66.; Established business park with a strong community presence.; Attractive business incentives available for relocating or expanding companies.
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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
    1000 Tower Dr Fort Loramie, OH 45845
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