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    7 School St Laura, OH 45337

    For Sale
    $299,000

    Spacious Warehouse, Ideal for Business

    Property size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional industrial warehouse, located at 7 School St, Laura, OH 45337, presents a compelling investment opportunity. Boasting 28,000 square feet of space, this two-story building, constructed in 1969, is zoned L-1 (Light Industrial) and features four dock-high doors for efficient loading and unloading. The property includes a functional freight elevator and a conveyor system, enhancing operational efficiency. The warehouse also benefits from a recently upgraded energy-efficient LED lighting system, reducing operational costs. Adding to its appeal is a secure, fenced outdoor storage area, providing ample space for additional inventory or equipment. The asking price is $299,000, translating to a competitive price per square foot of $10.68. The property's features include a 10-foot ceiling height and an air compressor. The property's APN is L36-002240, L36-002260, & L36-001200. This warehouse offers significant potential for a variety of industrial uses and represents a strong value in the current market. The price has been significantly reduced, making this an even more attractive proposition. Competitive lease rates are also available. Don't miss this chance to acquire a well-equipped and strategically located industrial property.

    Property Features for 7 School St

    General Information

    Property type
    Distribution properties
    Square Feet
    28,000 SF

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    2

    HighLights

    • $299,000 asking price.
    • 28,000 square foot warehouse.
    • $10.68 per square foot.
    • 1969 construction, two‑story building.
    • L‑1 Light Industrial zoning.
    • Four dock‑high doors and 10' ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Discount Store Pawn Shop Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Laura
    County
    Miami
    State
    Ohio
    Longitude
    -84.4077049
    Latitude
    39.9952241

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    FAQs

    What type of property is this?
    Distribution property - Spacious Warehouse, Ideal for Business
    Where is this distribution property located?
    The property is located at 7 School St Laura, OH.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; 28,000 square foot warehouse.; $10.68 per square foot.
    Request Owner's contact information
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    Laura, OH 45337
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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
    7 School St Laura, OH 45337
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