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    1231 Old State Route 73 Wilmington, OH 45177

    For Lease
    $7 SF/Yr ($11,200 /Mo)

    Spacious industrial warehouse, ideal for lease.

    Lot size:
    19,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 19,200-square-foot warehouse, located at 1231 Old State Route 73 in Wilmington, Ohio, presents a significant opportunity for businesses seeking ample space and convenient access. Built in 1990, this single-tenant property sits on a generous 6.52-acre lot, offering significant expansion potential. The warehouse boasts a substantial 19-foot ceiling height, providing ample vertical storage capacity. Three loading docks ensure efficient loading and unloading operations. The property is equipped with 480V power, catering to a variety of industrial needs. The I2 zoning classification allows for a broad range of industrial uses. The property's address is 1231 Old State Route 73, Wilmington, OH 45177, and its APN is 270-07-22-05-0000-00. The entire 19,200 square feet is currently vacant and available for immediate occupancy. This property is situated in Clinton County and offers a strategic location for businesses serving the region. The entire space is available for lease. This warehouse represents a rare opportunity to secure a substantial, well-maintained industrial space in a desirable location.

    Property Features for 1231 Old State Route 73

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,200 SF
    Total Rate
    11200

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Available Space
    Size
    19,200 SF
    Rate per SF
    $7

    HighLights

    • 19,200 SF warehouse available for lease.
    • Drive‑in access to suit tenant needs.
    • 500 SF of office space, expandable.
    • Parcel ID: 270‑07‑22‑05‑0000‑00.
    • 6.52‑acre lot.
    • Wet sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Wholesale Shop Building Supply Auto Repair Shop HVAC Service Cafe & Coffee Shop Car Rental Travel Agency Storage Facility Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Clinton
    State
    Ohio
    Longitude
    -83.775002
    Latitude
    39.4242769

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, ideal for lease.
    Where is this distribution property located?
    The property is located at 1231 Old State Route 73 Wilmington, OH.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 19,200 SF warehouse available for lease.; Drive-in access to suit tenant needs.; 500 SF of office space, expandable.
    Request Owner's contact information
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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
    1231 Old State Route 73 Wilmington, OH 45177
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